88 Elliott Street Brampton (Downtown Brampton), Ontario L6Y 1W3
$1,750,000
Corner Free-Standing Commercial Building with Residential Apartment 88 Elliott St, Brampton Unlock 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 Brampton's 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 Brampton's most sought-after areas. Don't miss this chance schedule your viewing today! (id:55499)
Property Details
| MLS® Number | W12088699 |
| Property Type | Business |
| Community Name | Downtown Brampton |
| Amenities Near By | Highway, Public Transit |
| Features | Irregular Lot Size |
| Parking Space Total | 6 |
Building
| Bathroom Total | 2 |
| Appliances | Stove, Refrigerator |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1400 Sqft |
| Size Interior | 1400 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 50 Ft |
| Size Frontage | 123 Ft ,9 In |
| Size Irregular | Bldg=123.75 X 50 Ft ; Irregular Lot |
| Size Total Text | Bldg=123.75 X 50 Ft ; Irregular Lot |
| Zoning Description | Commercial |
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April 17 2025 03:43:33
Toronto Real Estate Board
RE/MAX All-Stars Realty Inc.