49
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$999,000
Est. payment /mo
4,295 SqFt
Active
126 MAIN Street S Rockwood, ON N0B2K0
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,295 sqft
Price per Sqft $232
Subdivision 43 - Rockwood
MLS® Listing ID 40738530
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
With a projected cap rate of 6.97 percent, this solid investment opportunity in the heart of downtown Rockwood offers consistent income and long-term potential. Listed at $999,000, the fully tenanted, freestanding mixed-use property at 126 Main Street South generates $69,600 in gross annual income across three separate units: a main floor commercial space secured on a five-year lease, a spacious three-bedroom residential unit on the second floor, and a well-maintained two-bedroom basement apartment. Each unit features in-suite laundry and individual heating controls, providing comfort and autonomy for tenants. The property includes four dedicated parking spaces at the rear, with additional street parking available. Zoned C1 under Guelph/Eramosa, the building supports a variety of business uses, enhancing its flexibility and appeal. A recent pre-inspection has been completed and is available to serious buyers, offering clarity and confidence. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community that blends small-town character with strong accessibility. This is a well-constructed, income-generating asset suitable for investors seeking dependable returns in a thriving area. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/pist2_126_main_st_s_rockwood_on/
Listed by RE/MAX Escarpment Realty