4295 sqft
$999,000
With a projected cap rate of 6.97 percent, this solid investment opportunity in the heart of downtown Rockwood offers consistent income and long-term potential. Listed at $999,000, the fully tenanted, freestanding mixed-use property at 126 Main Street South generates $69,600 in gross annual income across three separate units: a main floor commercial space secured on a five-year lease, a spacious three-bedroom residential unit on the second floor, and a well-maintained two-bedroom basement apartment. Each unit features in-suite laundry and individual heating controls, providing comfort and autonomy for tenants. The property includes four dedicated parking spaces at the rear, with additional street parking available. Zoned C1 under Guelph/Eramosa, the building supports a variety of business uses, enhancing its flexibility and appeal. A recent pre-inspection has been completed and is available to serious buyers, offering clarity and confidence. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community that blends small-town character with strong accessibility. This is a well-constructed, income-generating asset suitable for investors seeking dependable returns in a thriving area. (id:45725)
Property Details
MLS® Number
|
40738530 |
Property Type
|
Other |
Amenities Near By
|
Schools |
Communication Type
|
High Speed Internet |
Community Features
|
High Traffic Area |
Features
|
Crushed Stone Driveway |
Parking Space Total
|
4 |
Building
Basement Type
|
Full |
Construction Material
|
Concrete Block, Concrete Walls |
Exterior Finish
|
Aluminum Siding, Concrete |
Foundation Type
|
Block |
Stories Total
|
2 |
Size Exterior
|
4295.0000 |
Size Interior
|
4295 Sqft |
Utility Water
|
Municipal Water |
Land
Access Type
|
Road Access |
Acreage
|
No |
Land Amenities
|
Schools |
Sewer
|
Municipal Sewage System |
Size Depth
|
132 Ft |
Size Frontage
|
38 Ft |
Size Irregular
|
0.12 |
Size Total
|
0.12 Ac|under 1/2 Acre |
Size Total Text
|
0.12 Ac|under 1/2 Acre |
Zoning Description
|
Z3 |
Utilities
Electricity
|
Available |
Natural Gas
|
Available |
Telephone
|
Available |
https://www.realtor.ca/real-estate/28431471/126-main-street-s-rockwood