1133 Concession Street Russell, Ontario K4R 1C8

$1,200,000

Historic Mixed-Use Commercial Building in the Heart of Russell. Step into a piece of history with this century-old mixed-use commercial building, perfectly situated in the heart of Russell. This solid brick property offers an investment opportunity with 5 commercial units on the ground floor and 5 residential apartments on the second floor. One of which is currently vacant, and freshly renovated, allowing for immediate occupancy . Separate hydro meters for all units, ensuring ease of utility management and tenant responsibility. Natural gas heating for the commercial units, providing efficient and cost-effective climate control. Electric baseboard heating for the five residential apartments, allowing independent temperature control for tenants. Prime Location & Investment Potential: Located in the heart of Russell, this high-visibility property benefits from excellent foot traffic and a thriving local economy. Ideal for a mix of retail, office, and service-based businesses looking to establish themselves in a well-traveled area. Russell's growing population and strong community appeal make this an excellent long-term asset. Whether you're looking to expand your investment portfolio, or generate passive income, this historic property offers endless possibilities. Don't miss the chance to own a piece of Russell's history contact us today for more details or to schedule a private tour! (id:43934)

Property Details

MLS® Number	X11970723
Property Type	Retail
Community Name	601 - Village of Russell
Features	Irregular Lot Size
Parking Space Total	10

Building

Heating Fuel	Natural Gas
Heating Type	Other
Size Exterior	8200 Sqft
Size Interior	8,200 Ft2
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	83 Ft ,10 In
Size Frontage	118 Ft
Size Irregular	Bldg=118.02 X 83.91 Ft
Size Total Text	Bldg=118.02 X 83.91 Ft
Zoning Description	C3 - Retail Or Office With Residential Above

https://www.realtor.ca/real-estate/27910438/1133-concession-street-russell-601-village-of-russell