Well maintained investment property in the heart of downtown Tweed. This is an excellent opportunity for investors or owner-operators. Featuring a vacant main level commercial space of approximately 670 sqft, complete with ample storage and a 3-piece bathroom, this unit provides immediate upside potential with the ability to secure your own tenant and set market rents.The upper-level 3-bedroom apartment (approx. 1,100 sqft) is tenant occupied and offers an upgraded open-concept kitchen with island, bright dining area, 4-piece bathroom, and in-suite laundry. The rear 1-bedroom apartment (approx. 480 sqft) is also tenant occupied and includes a kitchen, living area, and 3-piece bathroom.Recent updates include flooring, kitchens, and furnace (2019), with the roof approximately 13 years old. 2025 NOI totalled $40,541, reflecting a strong 9.68% cap rate when fully occupied. The building is serviced by 1 hydro meter and 1 gas meter, with 3 on-site parking spaces. Prime high-traffic location close to all amenities and only 30 minutes to Highway 401.24 hours notice required for residential unit showings. 24-hour irrevocable on all offers. (id:49712)
| MLS® Number | X12927478 |
| Property Type | Retail |
| Community Name | Tweed (Village) |
| Appliances | Dryer, Washer |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2251.38 Sqft |
| Size Interior | 2,251 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 132 Ft |
| Size Frontage | 36 Ft ,6 In |
| Size Irregular | Bldg=36.5 X 132 Ft |
| Size Total Text | Bldg=36.5 X 132 Ft |
| Zoning Description | C2 Urban Commercial |
https://www.realtor.ca/real-estate/29523935/308-victoria-street-n-tweed-tweed-village-tweed-village
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