Commercial/retail For Sale - 30 Queen St, Springwater, Ontario L0L 1P0

location_on 30 Queen St, Springwater

Commercial/retail

30 Queen St

Springwater, Ontario L0L 1P0

$1,999,900

For Sale

Property Information

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West! This incredible property in the heart of Elmvale offers a unique investment opportunity, combining a high-end laundromat with four fully renovated apartments. The laundromat and rental income from the apartments offers the potential for a stable and secure financial future. Located in the bustling downtown area of Elmvale, the property benefits from high visibility and foot traffic, attracting both locals and tourists. Elmvale is set to become the next crown jewel of Springwater Township, with major developments and investments underway, this prime location makes it an even more attractive investment. The laundromat is well-established with a loyal customer base and boasts a stellar 5-star rating on Google. It features state-of-the-art washers and dryers, including specialized horse blanket machines, catering to a wide range of clients. All equipment is fully owned, meaning no ongoing lease or payment obligations. The property showcases three fully renovated 2-bedroom, 1-bathroom apartments, each updated from top to bottom, along with a newly refreshed main-floor 2-bedroom, 2-bathroom unit that boasts a stunning, modern kitchen. Additionally, the building’s mechanical systems, including plumbing, electrical, and heating, have been fully updated. Tenant parking is secured by a gated entrance with convenient fob access. Don’t miss out on this exceptional opportunity to own a turnkey investment property in a rapidly developing area!

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : S9393513
Price : $1,999,900
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 0
Address
Postal Code : L0L 1P0
City : Springwater
Street : Queen
Street Number : 30
Street Suffix : St
Floor Number : 0
Longitude : W80° 7' 55.8''
Latitude : N44° 34' 58.9''
Features
Heating System : Gas Forced Air Closd
Parking : 8
Brokerage
Office Name : RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Extra Information
address/street_dir_suffix : W
Air Conditioning : Y
Area : Simcoe
living_area : 0
living_area_unit : Sqft
Community : Elmvale
Lease : Sale
Street Direction : W
Tax Year : 2023
Virtual Tour : https://peggyhill.com/listing/30-queen-street-w-el

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30 Queen St Springwater, Ontario L0L 1P0