12 & 14 George Walk Elliot Lake, Ontario P5A 2A4
$499,900
Attention: Investors & Entrepreneurs! Looking for a profitable investment or the perfect space to launch your business while living on-site? This expansive commercial building (approx. 6,800 sq. ft. finished above grade) is fully leased and offers a lucrative revenue stream. The building features two main level commercial units—one with handicap/wheelchair accessibility—plus four upper level one-bedroom apartments. Additionally, the basement provides extra storage, which is also rented. Numerous updates have been done over the past 5 years including some electrical and plumbing, hot water on demand/boiler heating system with dual zone control (2021), new roof/membrane (2021) and renovated units! Located in a high-visibility, high-traffic area of Elliot Lake, this property delivers a strong return and long-term value. Whether you're an investor seeking passive income or an entrepreneur looking to run a business and live on-site, this is an opportunity you don’t want to miss! Note: Apartment photos are for illustrative purposes only and were taken after the units were updated and prior to past/present tenant occupancy. The appearance of the units may differ due to tenant belongings and furnishings, but the images help showcase some of the unit’s features and layout. (id:39567)
Property Details
| MLS® Number | 2120834 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
| Storage Type | Storage In Basement |
Building
| Basement Type | Full, Partial |
| Cooling Type | None |
| Foundation Type | Block |
| Heating Type | Boiler |
| Roof Material | Membrane |
| Roof Style | Unknown |
| Utility Water | Municipal Water |
Parking
| Other |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C1 - Commercial |
https://www.realtor.ca/real-estate/27929275/12-14-george-walk-elliot-lake
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February 19 2025 05:43:12
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Espanola)