5490 Hwy 620 Wollaston, Ontario K0L 1P0

$589,000

A Prime Commercial Opportunity in the Heart of Coe Hill Discover a remarkable investment opportunity with this versatile C3-zoned property, perfectly positioned in the vibrant community of Coe Hill. This multi-use building offers two levels of prime retail space, three modern apartments, and a spacious workshop, making it an ideal choice for entrepreneurs and investors alike. Situated steps from a grocery store, LCBO, park, and fire hall, minutes from Wollaston Lakes public beach, the location ensures excellent foot traffic and visibility. Large windowfronts enhance curb appeal and provide opportunities for eye-catching displays, drawing in potential customers. The upstairs apartment features two bedrooms, eat-in kitchen, a dining area, and a 3 piece bath, offering a comfortable living space. The main-level one-bedroom unit includes a four-piece bath, private entry, a 200-amp panel/meter, laundry, and electric heating. The owners suite, which can also serve as a rental, includes a main-floor bedroom, two additional upstairs bedrooms, a four-piece bath, propane heat, an electric fireplace, and laundry. For added flexibility, the two upstairs bedrooms in the owners suite can be combined with the upstairs apartment, creating a spacious four-bedroom unit. The basement is full of potential, featuring a health-inspected kitchen, wood flooring, a 100-amp panel, and space for an additional bathroom. Its ideal for conversion into another apartment, office, or caf. Currently operating as a bait and tackle/hardware shop, the open retail space offers endless business possibilities, from boutique to caf. A rear workshop provides storage or workspace, seamlessly connecting to the retail area. Additional features include a 2022 septic system with expansion capacity, a steel roof, included appliances, a well with a heated box, and a 2021 propane furnace. The property's robust electrical setup includes separate 200-amp panels for key areas and a 100-amp panel for the basement. (id:59743)

Property Details

MLS® Number	X12023348
Property Type	Retail
Community Name	Wollaston
Amenities Near By	Recreation
Parking Space Total	3

Building

Appliances	Dryer, Stove, Washer, Refrigerator
Size Interior	0.2 Acres
Type	Residential Commercial Mix
Utility Water	Drilled Well

Land

Acreage	No
Land Amenities	Recreation
Sewer	Septic System
Size Depth	125 Ft
Size Frontage	70 Ft
Size Irregular	70 X 125 Ft
Size Total Text	70 X 125 Ft
Zoning Description	C3

https://www.realtor.ca/real-estate/28033187/5490-hwy-620-wollaston-wollaston