41 Main Street E, Bluewater (Zurich) ON

About 41 Main Street E

EXCEPTIONAL INVESTMENT VALUE IN RURAL ONTARIO w/ THE ICONIC ZURICH, ON HOTEL PROPERTY | 3 LARGE APARTMENTS + COMMERCIAL RESTAURANT UNIT | MASSIVE LIST OF UPDATES BY CURRENT & PREVIOUS OWNERS | 7385 SQ FT + BASEMENT | NO HERITAGE RESTRICTIONS! Experience excellent exposure & convenience w/ 222 fronting Zurich s primary intersection at this epic corner site. The restaurant unit will come almost fully equipped as most chattels & equipment are owned w/ the building (not tenant s), & vacancy may be available for someone looking to be an owner & also an operator at this value driven commercial site. Just to name a few amenities, this well designed commercial restaurant space, historically licensed w/ the LCBO for 68 seats, comes w/ a full commercial kitchen, hood, bar area, walk-in cooler, & 2 proper washrooms w/ 2 stalls in each + 2 urinals. In addition to the bright & vibrant commercial unit, there are 3 generous residential apartments (see floorplan photos) providing a total of 9 bedrooms & 3 more washrooms plus laundry, & there is a boatload of storage space in between the units & also in the vast & bone dry basement. With .346 acres providing ample ON SITE parking & impressive yard space for your residential tenants, this one has it all, & the 2 upper level apartments were just vacated & are now 97% renovated for a new owner to move in tenants (or short term renters) of their choosing & maximize rental income. Notably, AirBnB/hotel style accommodations at the original Zurich Hotel may be a viable option! The large ground level apartment is currently bringing in $1500/month w/ extremely reliable & long-term tenants & the restaurant unit brings in $2000/month + utilities. Zoning allows for a variety of uses & the 6 Bedroom/2 Apartment vacancy provides a variety of options for a new owner. This property could cap very nicely! Just a 15 min drive to Grand Bend or Exeter & barely 45 to London & 25 to Goderich, this hot spot by the lake is begging for a RE-INVENTION! (id:56071). Get more information on 41 Main Street E

Property Features

Features:  Irregular lot size
Rental Equipment:  
Directions:  Main Street (HWY 84) and Goshen Line
Zoning Description:  C4
Interior Size:  7385 sqft
Lot:  Bldg=222 x 132 FT ; Rectangle w/ small notch from SW corner Bldg=222 x 132 FT ; Rectangle w/ small notch from SW corner
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Partially air conditioned
Age: 
Basement:  

Rooms & Sizes