17,491 sqft
$1,399,900
Freehold 6-unit mixed-use property on an oversized 130’ x 133’ lot at the intersection of Murray Street and Sheridan in Brantford’s East Ward. Four of six units currently occupied and generating income with a clear path to a 7.16% stabilized cap rate through lease-up of two vacant, move-in-ready commercial units — no renovation required. Occupied units include an established commercial laundromat tenant on the main floor, a gymnastics studio (1,972 sq ft facing Murray St), and two upper-level residential apartments (2-bed and 1-bed). Two vacant commercial units offer immediate value-add: Unit 4 (1,054 sq ft) features excellent street frontage ideal for retail, professional, or service use; Unit 6 (1,836 sq ft) offers large rear yard access, perfect for trades, contractors, or storage-dependent business. Two-storey building with ample on-site parking, high traffic visibility, and proximity to Hwy 403 and Brantford’s downtown revitalization corridor. Municipal water and sewer. Zoned H-C7-3. Full financial package including rent roll, lease terms, and pro-forma analysis available to qualified buyers upon execution of confidentiality agreement. Ideal for the investor seeking diversified revenue streams with built-in upside, or an owner-occupier looking to operate from one unit while collecting rent on the rest. (id:56248)
Property Details
|
MLS® Number
|
40843954 |
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Property Type
|
Other |
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Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
High Traffic Area |
|
Features
|
Visual Exposure |
Building
|
Basement Type
|
None |
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Stories Total
|
2 |
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Size Exterior
|
17491.0000 |
|
Size Interior
|
17,491 Sqft |
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Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
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Size Depth
|
133 Ft |
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Size Frontage
|
130 Ft |
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Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
H-c7-3 |
https://www.realtor.ca/real-estate/29969631/249-murray-street-brantford