8,200 ft2
Other
$1,200,000
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! (id:48414)
Property Details
MLS® Number
|
X11970723 |
Property Type
|
Retail |
Community Name
|
601 - Village of Russell |
Features
|
Irregular Lot Size |
Parking Space Total
|
10 |
Building
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Exterior
|
8200 Sqft |
Size Interior
|
8,200 Ft2 |
Type
|
Residential Commercial Mix |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
83 Ft ,10 In |
Size Frontage
|
118 Ft |
Size Irregular
|
Bldg=118.02 X 83.91 Ft |
Size Total Text
|
Bldg=118.02 X 83.91 Ft |
Zoning Description
|
C3 - Retail Or Office With Residential Above |
https://www.realtor.ca/real-estate/27910438/1133-concession-street-russell-601-village-of-russell