ACTIVE
See all 50 photosACTIVE · 115 days
$499,500See Homsy estimate →
41 Main Street EZurich, Bluewater, ON N0M 2T0 · Sale · MLS® X13596702
--Bedrooms
--Bathrooms
7385Sq ft
14Parking
--Per sq ft
About this home
The homeTaxes$4,782/yr
PossessionCan close right away or flexible if necessary, but prefer to close now
All listing details
- Description
- That price is not a typo!!! INSANE 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 IS VACANT for someone looking to be an owner & also an operator at this value driven commercial site & 2 apartments ARE available for owner occupation as well! 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 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 is vacant and available for immediate possession. Zoning allows for a variety of uses & the 6 Bedroom/2 Apartment vacancy provides a variety of options for a new owner. With potential gross income of $85k, 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!
- Commercial use
- Investment
- Rate
- $499,500 (For sale)
- Financial · Annual taxes
- $4,782 (2025)
- Space · Total area
- 7385 ft²
- Space · Office area
- 5,015 ft²
- Space · Retail area
- 2,370 ft²
- Site · Lot size
- 222 × 132 ft
- Building · Parking
- 14 spaces
- Building · Freestanding
- Yes
- Building · Year built
- 100+
- Business · Business type
- Apts - 2 To 5 Units
- Business · Franchise
- N
- Availability · Occupancy
- Can close right away or flexible if necessary, but prefer to close now
- Property type
- Investment
- Style
- Apartment
- Heating
- Gas Forced Air Closed
- Air conditioning
- Partial
- Garage
- Outside/Surface
- Parking spaces
- 14
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
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