1,400 ft²Retail$1,898,000Sale
1,400 ft²
Retail
$1,898,000
Sale
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Free-Standing Commercial Building with Established Convenience Store and Residential ApartmentDiscover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.Property Highlights:Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income.
The Space
Asking Price$1,898,000
Available Space1,400 ft²
Property UseRetail
Taxes$8,089/yr
Frontage40'0"
Ceiling Height10'0"
Parking Spaces8
Retail Portion700 ft²
SourceDirect
The Building
Free-Standing Commercial Building with Established Convenience Store and Residential ApartmentDiscover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.Property Highlights:Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income.
Property TypeRetail
Building Size1,400 ft²
Taxes$8,098/yr
ZoningCommercial
Frontage40'0"
Parking Spaces8
Retail Portion700 ft²
Private Restrooms2
24hr Access
Air Conditioning
Bike Friendly
Central Heating
Corner Lot
Corner Unit
Improved
Natural Light
Parking
Up to $500K for Ontario businesses
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