5490 Highway 620 N/A Active Save Request In-Person Tour Request Virtual Tour
Wollaston,ON K0L 1P0
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Wollaston
MLS Listing ID X12154524
Style 2-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $3,163
Tax Year 2024
Property Sub-Type Multiplex
Property Description
A Prime Commercial Opportunity in the Heart of Coe Hill Discover a remarkable investment opportunity with this versatile C3-zoned property, perfectly positioned in the vibrant community of Coe Hill. This multi-use building offers two levels of prime retail space, three modern apartments, and a spacious workshop, making it an ideal choice for entrepreneurs and investors alike. Situated steps from a grocery store, LCBO, park, and fire hall, minutes from Wollaston Lakes public beach, the location ensures excellent foot traffic and visibility. Large window fronts enhance curb appeal and provide opportunities for eye-catching displays, drawing in potential customers. The upstairs apartment features two bedrooms, eat-in kitchen, a dining area, and a 3 piece bath, offering a comfortable living space. The main-level one-bedroom unit includes a four-piece bath, private entry, a 200-amp panel/meter, laundry, and electric heating. The owners suite, which can also serve as a rental, includes a main-floor bedroom, two additional upstairs bedrooms, a four-piece bath, propane heat, an electric fireplace, and laundry. For added flexibility, the two upstairs bedrooms in the owners suite can be combined with the upstairs apartment, creating a spacious four-bedroom unit. The basement is full of potential, featuring a health-inspected kitchen, wood flooring, a 100-amp panel, and space for an additional bathroom. Its ideal for conversion into another apartment, office, or cafe. Currently operating as a bait and tackle/hardware shop, the open retail space offers endless business possibilities, from boutique to cafe. A rear workshop provides storage or workspace, seamlessly connecting to the retail area. Additional features include a 2022 septic system with expansion capacity, a steel roof, included appliances, a well with a heated box, and a 2021propane furnace. The property's robust electrical setup includes separate 200-amp panels for key areas and a 100-amp panel for the basement.
Location
Province ON
County Hastings
Community Wollaston
Area Hastings
Rooms
Family Room No
Kitchen 4
Interior
Cooling None
Exterior
Exterior Feature Year Round Living
Parking Features Private
Pool None
Waterfront Description None
View Downtown
Roof Type Metal
Building
Foundation Concrete