Corner Free-Standing Commercial Building with Residential Apartment 88 Elliott St, BramptonUnlock a premier investment opportunity at 88 Elliott St, situated in the thriving heart of downtown Brampton. This prominent corner property offers a seamless blend of commercial and residential spaces, making it an ideal asset for investors or owner-operators seeking steady income with exciting development potential.Property Highlights:Prime Downtown Location: Located steps from Brampton GO Station, Algoma University, and various local amenities, this high-traffic area provides exceptional visibility and foot traffic, enhancing business potential for the long-established convenience store.Established Convenience Store: A neighborhood favorite for decades, this convenience store delivers a steady income stream, adding immediate value to your investment.Spacious Residential Apartment: The second floor features a comfortable two-bedroom apartment, offering rental income potential or a live-on-site option for owner-operators, enhancing versatility.Ample Parking: With space for 6-8 cars, this large lot offers a rare convenience in downtown Brampton, benefiting both customers and tenants.Development Potential: Zoned for commercial use, this property invites builders and investors to explore the opportunity for a low-rise mixed-use development, meeting the growing demand in Bramptons core.Convenient Access: Within a short walk to schools, parks, gyms (including the YMCA), and the new hospital, with Brampton GO Station just an 8-minute walk away. Highway 410 is only a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring easy connectivity.This property combines the reliable income of a well-established business, rental potential from the residential space, and attractive development opportunities, making it a top-tier investment in one of Bramptons most sought-after areas. Dont miss this chanceschedule your viewing today!
MLS# | W9031086 |
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Listing Type | For Sale |
Style | Other |
Sub-Type | Resale |
Status | Active |
Days On Site | 198 |
Listing Provided By | RE/MAX ALL-STARS REALTY INC. | Not Provided |
Bath(s) | 2 |
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Basement | Y |
Zoning | COMMERCIAL |
State | ON |
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County | Brampton |
City | Brampton |
Zip Code | L6Y 1W3 |
Area | Peel |
Community Name | Downtown Brampton |
Listing VS Median (in Downtown Brampton) | |
Price: $1,788,000 low | high Med: $0 On Site: 198 low | high Med: |