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100 Gore Street Image 1

$1,100,000

May 16Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12155250

100 Gore Street, Perth, ON K7H 1J3

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Property Description

Property type

Investment

Lot size

N/A

Style

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About 100 Gore Street

Welcome to an opportunity of a lifetime in picturesque downtown Perth on the waterfront along the Tay River! No other real estate opportunities quite like this one! On September 13, 2023, the 1827 Wine & Cheese Lounge opened, providing an elevated experience for the most refined of taste in one of the loveliest communities in the region. This extensively renovated mixed use triplex offers so much to a potential purchaser. You could take over operations of the lounge, you could create your own vision for the space or you can simply invest to add to your real estate portfolio. Over $150,000 in renovations have taken place since June of 2022. Improvements were made to the structure, electrical and plumbing systems as well as to the decor of the main floor space. The fully equipped kitchen has everything a chef needs to create gastronomic wonders and the equipment could be part of the package for a potential purchaser. Customers can enjoy the scenic views of the river from the deck. There are two apartments on the second floor to add to your revenue stream or to act as living quarters for an owner operator. The two bedroom apartment is currently rented for $1590 per month plus hydro. The three bedroom apartment is currently rented for $1900 per month (plus hydro). The parking lot can accommodate 10 cars. This building has it all, is turnkey and is in a beautiful location! Come and walk the property and its gardens to see for yourself. Please be discreet if enjoying the restaurant. Come see!

Home Overview

Last updated

2 days ago

Virtual tour

None

Basement information

Building size

10031

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX HALLMARK LAFONTAINE REALTY

Additional Details

Basement:N/A
Cooling:Partial
Heating:Other
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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