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135 Orchard Avenue

$1,795,000

Introducing Orchard House – an iconic 13,000 sq ft mixed-use commercial building situated on a half-acre of underutilized land, offering ample parking and extra yard/land space. This versatile, well maintained and upgraded property encompasses six apartments, an event hall with amenities and a large commercial rental space on the second floor currently leased by a successful Dance School. The well-maintained apartments offer a mix of 4 1-bedroom 1-bath units and 2 studios, all currently occupied with tenants under market rents. The main entrance to the building has a spacious vestibule, complemented by commercial washrooms and additional storage rooms. The Event Hall features a commercial kitchen, a fully equipped music/theater stage, along with designated office and storage spaces. Accommodating up to 160 people. The second floor, spanning approx 4,000 sq. ft. has been configured into 5 areas to accommodate the current tenant. This is a fantastic investment opportunity with a good income stream and is priced equivalent to its land value offering many options for future growth and potential expansion (id:50889)

Property Details

MLS® Number

10310093

Neigbourhood

Main North

Parking Space Total

20

Building

Heating Type

Forced Air, Heat Pump, See Remarks

Roof Material

Tar & Gravel,other

Roof Style

Unknown,unknown

Type

Residential Commercial Mix

Utility Water

Municipal Water

Land

Acreage

No

Current Use

Mixed Use

Sewer

Municipal Sewage System

Size Irregular

0.5

Size Total

0.5 Ac|under 1 Acre

Size Total Text

0.5 Ac|under 1 Acre

Zoning Type

Unknown

Interested?

Contact us for more information

team green group logo 250-486-4282 info@teamgreen.ca

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