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In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
8,200 SqFt
$ 1,200,000
Est. payment | /mo
8,200 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,200 sqft
Price per Sqft $146
Subdivision 601 - Village Of Russell
MLS Listing ID X11970723
Building Age 100+
Annual Tax Amount $10,940
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
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!
Location
Province ON
County Prescott And Russell
Community 601 - Village Of Russell
Area Prescott And Russell
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 118.02
Lot Depth 83.91
Others
Security Features No
Listed by EXP REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "