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1133 Concession Street Russell, Ontario K4R 1C8

8200 sqft
Other

$1,200,000

Historic Mixed-Use Commercial Building in the Heart of Russell. Step into a piece of history with this century-old mixed-use commercial building, perfectly situated in the heart of Russell. This solid brick property offers an investment opportunity with 5 commercial units on the ground floor and 5 residential apartments on the second floor. One of which is currently vacant, and freshly renovated, allowing for immediate occupancy . Separate hydro meters for all units, ensuring ease of utility management and tenant responsibility. Natural gas heating for the commercial units, providing efficient and cost-effective climate control. Electric baseboard heating for the five residential apartments, allowing independent temperature control for tenants. Prime Location & Investment Potential: Located in the heart of Russell, this high-visibility property benefits from excellent foot traffic and a thriving local economy. Ideal for a mix of retail, office, and service-based businesses looking to establish themselves in a well-traveled area. Russell's growing population and strong community appeal make this an excellent long-term asset. Whether you're looking to expand your investment portfolio, or generate passive income, this historic property offers endless possibilities. Don't miss the chance to own a piece of Russell's history contact us today for more details or to schedule a private tour! (id:6673)

Property Details

MLS® Number X11970723
Property Type Retail
Community Name 601 - Village of Russell
Features Irregular Lot Size
ParkingSpaceTotal 10

Building

HeatingFuel Natural Gas
HeatingType Other
SizeExterior 8200 Sqft
SizeInterior 8200 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 83 Ft ,10 In
SizeFrontage 118 Ft
SizeIrregular Bldg=118.02 X 83.91 Ft
SizeTotalText Bldg=118.02 X 83.91 Ft
ZoningDescription C3 - Retail Or Office With Residential Above

https://www.realtor.ca/real-estate/27910438/1133-concession-street-russell-601-village-of-russell

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Ronna Sheldrick
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Exp Realty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4