116 Pitt Street Cornwall, Ontario K6J 3P4

$595,000

Welcome to 116 Pitt Street, a standout mixed-use opportunity in the heart of downtown Cornwall. This prime property features two spacious units and offers immediate income potential along with flexible future use for investors or entrepreneurs. The ground-floor commercial space is currently configured as a restaurant and showcases a unique enclosed patio with a garage-door-style window system. Open it up for breezy summer service or close it for a cozy atmosphere during cooler months. The space benefits from excellent street visibility and strong pedestrian traffic in Cornwall's vibrant downtown core. Upstairs, the character-filled second-floor apartment offers 2 bedrooms and 1 bathroom, blending charm with urban convenience. The inviting living room features vaulted ceilings, a wood-burning fireplace and a wet bar, creating a warm and welcoming atmosphere. The bright kitchen offers space for both a dining table and counter seating, while the oversized 5-piece bathroom conveniently includes in-suite laundry. The layout is completed by a private second bedroom and a generous primary bedroom with a large window overlooking bustling Pitt Street. A private second-level deck provides a rare outdoor retreat right in the heart of the city. The current owner would like to remain in the property as a tenant, offering attractive built-in income for the new owner under the following proposed terms: Ground Floor Commercial Lease: $4,000/month + HST + utilities + property taxes; Second Floor Apartment: $2,000/month + utilities. With excellent visibility, strong downtown foot traffic, three private parking spaces plus ample street parking, and the potential for immediate rental income, this property presents a compelling opportunity for investors seeking a turnkey asset in Cornwall's downtown core. Don't miss your chance to own this prime slice of Cornwall real estate, make the right move and see it for yourself. (id:43934)

Property Details

MLS® Number	X12856122
Property Type	Retail
Community Name	717 - Cornwall

Building

Appliances	Cooktop, Dishwasher, Dryer, Hood Fan, Water Heater, Microwave, Oven, Washer
Cooling Type	Fully Air Conditioned
Heating Fuel	Electric, Natural Gas
Heating Type	Forced Air
Size Exterior	2561 Sqft
Size Interior	2,561 Ft2
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	Yes
Size Depth	156 Ft ,6 In
Size Frontage	19 Ft ,6 In
Size Irregular	2561
Size Total	2561 Ac
Size Total Text	2561 Ac
Zoning Description	Cbd

https://www.realtor.ca/real-estate/29439863/116-pitt-street-cornwall-717-cornwall