$285,000

Seize the opportunity to own a distinctive commercial property, offering timeless character, durable masonry construction, and multiple income-producing possibilities. Ideally positioned on a 0.05-acre lot with convenient on-street parking and public transportation less than a mile away, this property enjoys excellent accessibility for both businesses and residential tenants. In addition to the commercial space, the property features a spacious two-bedroom apartment, creating an immediate opportunity for dual-income potential through residential and commercial occupancy. Whether owner-occupied or fully leased, the mixed-use configuration provides flexibility and diversified revenue streams. A significant bonus is the full-length basement, extending the entire length of the property and offering abundant storage space or the potential for future expansion, subject to applicable approvals. For investors seeking to maximize the property's value, the seller has architectural plans available that outline renovation and redevelopment possibilities, allowing a buyer to accelerate improvements while minimizing planning costs and timelines. Whether your vision is to modernize the existing layout, enhance rental income, establish your own business while generating residential revenue, or execute a strategic value-add redevelopment, this property provides the foundation to achieve your investment goals.