Prime Westport commercial retail & residential opportunity! Exceptional opportunity to own a versatile commercial property in the heart of the Village of Westport! Ideally situated in the downtown core, this property offers excellent visibility and exposure to both pedestrian and vehicular traffic, making it an outstanding location for a retail business. The main floor features approximately 1,140 sq. ft. of retail space, currently operating as an established clothing and shoe store. The spacious and functional retail area offers an attractive layout with excellent flexibility for a variety of retail uses. The main floor also features two change rooms, two storage areas, and a convenient 2-piece staff washroom. An additional second-floor storage area provides valuable space for inventory and business operations. Adding to the property's versatility is an upstairs two-bedroom apartment, accessed conveniently from the rear of the building. The residential unit provides an excellent opportunity for an owner-operator, additional rental income, or staff accommodation. The property also offers access to the unfinished basement from the rear of the building. The basement is only used for building utilities and mechanical equipment and is not used for store storage. Building services include forced-air propane heating, along with a newly added heat pump. The heat pump provides air conditioning during the summer months. The upstairs apartment is equipped with electric baseboard heating. With its central village location, strong visibility, commercial retail space, dedicated storage, residential accommodation, and multiple income-use possibilities, this property presents a rare opportunity to establish or expand a business while benefiting from the added flexibility of an on-site residential unit. Prime location. Excellent exposure. Commercial and residential potential - all in the heart of the beautiful Village of Westport. (id:28469)
Virtual tour
Business
Business Type
Retail and Wholesale
Business Sub Type
Retail misc.
Facts & features
Property
MLS® Number
X13710010
Property Type
Retail
Community Name
815 - Westport
Equipment Type
Propane Tank
Rental Equipment Type
Propane Tank
Building
Age
51 To 99 Years
Cooling Type
Fully Air Conditioned
Heating Type
Baseboard Heaters, Other
Utility Water
Municipal Water
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
58 Ft ,7 In
Size Frontage
34 Ft ,11 In
Size Irregular
0.051
Size Total
0.051 Ac
Size Total Text
0.051 Ac
Zoning Description
C1-1
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,785/mo
Ontario land transfer tax
$9,055 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.