Welcome to 39 Arthur Street, a rare mixed-use investment opportunity in the heart of downtown Elmira. Positioned on a prominent corner lot along one of the community's most recognizable commercial corridors, this well-maintained property offers multiple potential revenue streams through its commercial and residential components.The main floor features an established restaurant space that has operated successfully for over 20 years and includes a full commercial kitchen, large exhaust hood, ample preparation and storage areas, and a liquor licence for up to 90 seats. A portion of the restaurant's operational footprint is leased from the neighbouring property for $1,700 per month plus HST, providing valuable additional dining and functional space.The upper level contains a spacious three-bedroom apartment, offering further rental-income potential. With its proven commercial history, residential component, prominent downtown location, and long-term upside, 39 Arthur Street represents an attractive opportunity for investors seeking a versatile mixed-use asset in a desirable Waterloo Region community.
Address
39 Arthur Street
List Price
$799,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Woolwich
Sub-Area
woolwich
Region
Waterloo
Lot Depth
83.5
Lot Type
Building
Lot Size Units
Feet
Lot Width
17.5
Parcel Number
222210041
Total Building Area
2500
Occupant Type
Owner
Cross Street
Arthur St & Church St
MLS® Number
X13807942
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Basement
Yes
Postal Code
N3B 2M4
Posession Details
Flexible
Parking Spaces
4
Tax Amount
$2,168.43
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Outside/Surface
Tax Legal Description
PT LT 24 PL 560 WOOLWICH PT 1 58R8079; WOOLWICH
Security Features
No
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