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Home ON Northeastern Manitoulin and the Islands
15 Water Street
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15 Water Street $489,000
$489,000
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15 Water Street
Little Current, Ontario P0P1K0

MLS® Number: 2121031

Listing Description

Nestled in the heart of downtown Little Current on Manitoulin Island, this prime commercial property at 15 Water Street boasts a solid income stream. The building features 5 commercial units (3 on the second floor and 2 on the main floor) as well as a 2-bedroom residential apartment on the second floor. The main floor is occupied by a restaurant and a retail tenant, while the second floor houses multiple professional office spaces and an additional residential unit. For added convenience, the building offers ample storage areas that can be utilized by the owner or tenants. All second floor tenants have a separate main street access, and at the rear of the building, there is a pedestrian entrance as well as a shipping dock. This well-maintained property has undergone over $55,000 in recent renovations, including the installation of all-new air conditioning in 2022. Situated in the downtown core, this prime commercial location attracts year-round foot traffic, with activity amplifying during the busy summer season. Investors will appreciate this excellent opportunity, just steps away from the main town docks and the North Channel of Lake Huron. Call today to schedule your private viewing. (30103096)

Property Summary

Property Type
Retail
Building Type
Commercial Mix
Title
Freehold
Land Size
4,051 - 7,250 sqft
Parking Type
Other
Time on REALTOR.ca
53 days

Building

Interior Features
Flooring
Hardwood, Laminate, Vinyl, Carpeted
Building Features
Foundation Type
Concrete Slab, Poured Concrete
Building Amenities
Shopping Area, Storefront
Rental Equipment
Propane Tank
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Membrane)
Business
Business Type
Other (Offices), Retail and Wholesale (General retail)
Parking
Parking Type
Other

Land

Other Property Information
Access
Year-round access
Zoning Description
C-1
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3
ALAN MIHELCHIC