16 Church Street Orangeville, Ontario L9W 1N2

$820,000

Positioned in the heart of Orangeville's vibrant downtown core, this freestanding commercial building offers a rare opportunity to secure a versatile asset with built-in income and long-term potential while benefiting from the proximity to the hustle and bustle of Broadway and Mill Street without the hassle of parking. Zoned Central Business District (CBD), the building supports a wide range of permitted uses, including retail, restaurant, office, and more, making it an ideal fit for investors or future owner-occupiers looking to establish a presence in Orangeville's historic core. The approximately 1,000 sq ft space is complemented by on-site parking for up to 12 vehicles, a rare and valuable feature of this property. Set on an irregular lot with the Mill Creek running through, it offers a unique natural backdrop that adds character and distinction rarely found in commercial offerings. Currently leased until July 2029, the property grosses $4,500 per month, providing immediate, stable income with a scheduled rent re-evaluation built in. The building is also equipped with air conditioning and high-efficiency on-demand hot water forced air heating for year-round comfort. A compelling blend of location, flexibility, and secure tenancy, this is a standout opportunity to invest in the future of downtown Orangeville while enjoying consistent returns today. (id:61445)

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https://www.realtor.ca/real-estate/29551144/16-church-street-orangeville-orangeville