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40 MAIN STREET E Southgate

40 MAIN STREET E, Southgate

$399,000

2,200 Square Feet
Situated in the heart of downtown Dundalk, this mixed-use building presents a unique investment opportunity that blends commercial vibrancy with residential ease. The property showcases an 1,100 sq ft commercial office space, nicely designed with a modern open-concept layout and complemented by a separate enclosed office for privacy. The space is illuminated by large windows allowing for an abundance of natural light, creating a welcoming and productive work environment. A functional kitchenette at the rear offers convenience, along with dual access from the front and a private back entrance. The full basement, accessible via the office area, serves as an ideal storage solution and includes a handy 2-piece bathroom, adding to the utility of the space. Above, the building features two residential units, which provide steady rental income. The front apartment includes two bedrooms and is accessible directly from the street, making it perfect for small families or professionals. The rear apartment features one bedroom, a personal deck, and dual access points from both the front street and the back of the building, offering a flexible living space. Additional perks include a detached two-car garage that not only provides optional parking and storage for the owner but also offers potential for further rental income. This property combines commercial utility with residential income potential, perfect for investors seeking a property with both commercial appeal and residential charm or a buyer looking to occupy one of the residential units while allowing rental income from the other spaces to supplement the mortgage payment. (id:25312)
  • Listing ID: X11887783
  • Property Type: Retail
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Details

  • Transaction: For sale
  • Zoning Description: C2-444

Building

  • Fireplace Present: False
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Size Exterior: 2200 sqft
  • Size Interior: 2200 sqft
  • Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Size Depth: 149 ft ,11 in
  • Size Frontage: 20 ft ,5 in
  • Size Irregular: Bldg=20.44 x 149.99 FT

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    This property for sale is located at 40 MAIN STREET E in Southgate. It was last modified on December 10th, 2024. Contact the Mullin Group to schedule a viewing or to discover other Southgate properties for sale.

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