$450,900

About this property

Prime Downtown Office/Retail/Rental Apartment Opportunity- located in the heart of downtown Cayuga with excellent exposure and high traffic visibility. Zoned CD- Downtown Commercial. This multi-functional property caters to a wide range of professional business types and presents a fantastic opportunity for investors looking to grow their portfolio, entrepreneurs starting out or expanding and established business owners looking for a new office location. The main level is complete with a kitchenette, 2 piece bath, ample storage and features big bright display windows. Street level entrance to the main floor allows for full accessibility. The basement is an ideal space for even more office/business storage. The main level can be rented for $1400 monthly + hydro. The upper level is a 2 bed, 1 bath apartment occupied by tenant paying $1423 monthly + hydro. The building has been very well maintained and remains in great shape with multiple upgrades made over the years to the flooring, bathrooms, kitchen, HVAC systems and plumbing. Hydro is separate for the main floor and apartment above. Upgraded alarm system and cameras for added security. Ample street parking for staff and clients. Solid construction, practical layout, and a central location make this property ideal for medical, professional, retail or service-based businesses seeking convenience and visibility in a growing community. The opportunities this building provides are limitless. Run your business and live upstairs OR have the tenant help pay the mortgage OR earn income and equity renting both spaces.

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Property Details

Location & Walkability