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Elliot Lake
12 & 14 George Walk
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12 & 14 George Walk $499,900
$499,900
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12 & 14 George Walk
Elliot Lake, Ontario P5A2A4

MLS® Number: 2120758

Listing Description

Attention: Investors and Entrepreneurs! Are you seeking a profitable investment or the ideal location to start your business while living on-site? This expansive commercial property (approx. 6,800 sq. ft. finished above grade) offers fantastic income potential. The building includes two commercial units on the main level—one with handicap/wheelchair access, along with four one-bedroom apartments on the upper floors. The basement provides additional storage space, which is currently rented. Numerous updates have been made over the past 5 years, including some electrical and plumbing improvements, a new hot water on-demand/boiler heating system with dual-zone control (2021), a new roof/membrane (2021), and renovated units! Located in a prime, high-traffic area of Elliot Lake, this property offers strong returns and lasting value. Whether you're an investor seeking passive income or an entrepreneur aiming to operate your business while living on-site, this is an opportunity you don't want to miss! Note: Apartment photos are for illustration purposes only, taken after renovations and prior to current or previous tenant occupancy. The actual appearance may vary due to tenant furnishings and belongings, the images help showcase some of the features and layout of the units. (30045181)

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Title
Freehold
Land Size
under 1/2 acre
Parking Type
Other
Time on REALTOR.ca
44 days

Building

Building Features
Foundation Type
Block
Storage
Storage in Basement
Rental Equipment
None
Heating & Cooling
Heating Type
Boiler
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Membrane)
Business
Business Type
Retail and Wholesale (General retail)
Parking
Parking Type
Other

Land

Other Property Information
Zoning Description
C1
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3
705-626-7253
Email
Book showing
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (ESPANOLA)
114 Mead Blvd Suite 2
Espanola, Ontario P5E1S5
705-869-4230
705-869-6299
TAMMY WHITE