Comments | Free-Standing Commercial Building with Established Convenience Store and Residential Apartment
Discover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.
Property Highlights:
Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.
Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.
Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.
Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.
Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.
GTA Downtown Brampton, Convenience Store w/2bedr Apartment, Great Location, $ 1.89M, 6 - 8 Parking Spots, Large lot, Possible Redevelopment w/2 more properties
Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.
This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income. |