408002 Grey Rd 4 N/A Active Save Request In-Person Tour Request Virtual Tour
Grey Highlands,ON N0C 1J0
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X9392199
Style 2-Storey
Bedrooms 7
Annual Tax Amount $1,937
Tax Year 2024
Property Description
Mixed-Use Commercial Building in Maxwell. Discover a unique investment opportunity with this strategically positioned mixed-use residential and commercial building. Occupying a prime location at the bustling intersection of Grey Rd 4 & 2, this property offers 4,212 square feet of income-producing rental space, zoned for C2 highway and service commercial use. The building comprises three residential units and one commercial unit, allowing for a diversified income stream. Residential Unit 1 is 2,106 square feet, Unit 2 is 1,288 square feet, and Unit 3, a studio, combines the commercial space and measures 1,288 square feet. Significant updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and an oil tank. The property has two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to residential and commercial tenants. The residential units are currently occupied by great long-term tenants on a month-to-month basis without a formal lease, offering flexibility for new ownership. The location is unparalleled. It is within a 30-minute drive of Collingwood and Blue Mountain and close to a range of amenities, including schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, making it an attractive place to live, work, and play. This property represents a rare opportunity to invest in a versatile building with a proven track record of income generation in a sought-after location. Whether you want to expand your investment portfolio or seek a live-work setup, this commercial mixed-use building in Maxwell offers potential.
Location
Province ON
County Grey County
Area Rural Grey Highlands
Rooms
Family Room No
Basement Partial Basement
Kitchen 2
Interior
Interior Features Central Vacuum,Propane Tank,Separate Heating Controls,Upgraded Insulation,Water Heater Owned,Water Purifier,Separate Hydro Meter,Water Treatment
Heating Yes
Cooling Window Unit(s)
Fireplaces Type Propane,Living Room
Fireplace Yes
Heat Source Oil
Exterior
Exterior Feature Porch,Year Round Living
Garage Private
Garage Spaces 6.0
Pool None
Waterfront No
View Garden,Pasture,Trees/Woods
Roof Type Asphalt Shingle
Topography Dry,Flat
Total Parking Spaces 6
Building
Unit Features School,Level,Place Of Worship
Foundation Concrete,Stone
Others
Security Features Carbon Monoxide Detectors,Smoke Detector