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50 MILL STREET W Centre Wellington

50 MILL STREET W, Centre Wellington

$10,000,000

  • 6
  • 5
In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise. (id:25312)
  • Listing ID: X12472597
  • Property Type: Retail
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Details

  • Easement: Flood Plain, None
  • Transaction: For sale
  • View: Direct Water View
  • Waterfront: Waterfront
  • Water Body Name: Grand River

Building

  • Amenities: Fireplace(s)
  • Appliances: Water softener, Water Heater, Alarm System, Dishwasher, Dryer, Microwave, Washer
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 6
  • Cooling: Window air conditioner
  • Exterior Finish: Stone
  • Fireplace Present: True
  • Fireplace Total: 3
  • Fire Protection: Security system
  • Foundation: Stone
  • Bathrooms (Half): 1
  • Bathrooms (Total): 5
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Stories Total: 3
  • Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Access Type: Public Road
  • Size Depth: 70 ft ,6 in
  • Size Frontage: 44 ft ,8 in
  • Size Irregular: 44.7 x 70.54 FT

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    This property for sale is located at 50 MILL STREET W in Centre Wellington. It was last modified on October 20th, 2025. Contact the Mullin Group to schedule a viewing or to discover other Centre Wellington properties for sale.

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