41 MAIN STREET E, Bluewater (zurich), ON N0M2T0
41 MAIN STREET E, Bluewater (zurich), ON N0M2T0
41 MAIN STREET E, Bluewater (zurich), ON N0M2T0
41 MAIN STREET E, Bluewater (zurich), ON N0M2T0
41 MAIN STREET E, Bluewater (zurich), ON N0M2T0
41 MAIN STREET E, Bluewater (zurich), ON N0M2T0
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$ 499,500
Est. payment | /mo

9 Beds

5 Baths

7,385 SqFt


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$ 499,500
Est. payment | /mo
Save

9 Beds

5 Baths

7,385 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 7385

Square Footage 7,385 sqft

Price per Sqft $67

Subdivision Zurich

MLS® Listing ID X13596702

Bedrooms 9

Lot Size 0.346 Acres

Acres 0.346

Property 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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 14

Garage No

Private Pool No

Building

Sewer Sanitary sewer

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Listed by ROYAL LEPAGE TRILAND REALTY
Nearby Locations
Julie Pollard

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With over 20 years of proven results, I’ve built a reputation as one of the Fraser Valley’s and Okanagans most trusted and successful Realtors. My clients know me for sharp negotiation skills, deep local expertise, and a relentless commitment to achieving the best outcomes—whether buying, selling, or investing.

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WHAT CLIENTS SAY:

"We hired Julie as our realtor and she always went above and beyond the call of duty for us.She found us the perfect place it took some time but she said be patient and she was right highly recommend Julie as a realtor." - WR
“Julie Pollard is an extremely knowledgeable and professional Realtor who puts the needs of her clients as her priority. She is well informed about the areas she serves which makes her best placed to advise people who may be new to the region and she is a fabulous negotiator. I highly recommend Julie to friends, family and anyone who is looking for honest upfront service." - SJ
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