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Investment Highlights
- Heavy daytime traffic ,
Executive Summary
Incredible Investment Opportunity in the Heart of Downtown! Positioned on the vibrant square of a thriving university town, this beautifully updated 3,119 sq ft commercial building offers an exceptional opportunity for investors or owner-operators. With three leases already in place, this property provides immediate income potential. Currently operating as a sound studio, rehearsal hall, and music retail space, the building is thoughtfully designed and equipped for creative or commercial use, while remaining flexible for a variety of business types. Extensive upgrades and improvements include: 2020 commercial 3-inch ISO roof Recently updated kitchen, electrical, plumbing, and HVAC systems New metal commercial ductwork Updated awning and exterior features Custom painted metal ceiling tiles Commercial-grade carpet, lighting, and ceiling fans Fully built-out Studio A & B infrastructure Front office and retail space Upper front window restored to match original architectural design Double metal rear doors replaced Rear shop upgraded with metal R-panel shed roof Fresh interior paint throughout Handicap-accessible front entrance and restroom. Additional highlights: No lead-based paint or asbestos, offering peace of mind for owners and tenants alike. This property combines historic charm with modern functionality in a prime downtown location. A must-see opportunity with endless potential! Can be sold with full studio infrastructure and building see supplements (Excludes equipment and instruments)
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,119 SF
Building Class
C
Year Built
1920
Price
$846,245 CAD
Price Per SF
$271.32 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Opportunity Zone
Yes
Zoning
C - Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 54174 | Improvements Assessment | $118,093 CAD |
| Land Assessment | $15,214 CAD | Total Assessment | $133,307 CAD |
Property Taxes
Parcel Number
54174
Land Assessment
$15,214 CAD
Improvements Assessment
$118,093 CAD
Total Assessment
$133,307 CAD
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1132 Main St
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