ACTIVE

440 Water Street E Cornwall, Ontario K6H 1A6

$1,200,000
30,000 ft<sup>2</sup> Fully Air ConditionedForced Air
This expansive 0.7-acre property offers exceptional versatility, featuring a large commercial building with multiple income-generating opportunities. The upper level includes two residential units with a combined footprint of just under 3,300 sq. ft., providing spacious living or rental options. The main level hosts a sizeable bar/commercial area that offers endless potential for redevelopment or a wide range of business uses. The building is equipped with SPU zoning and includes four gas meters and four hydro meters, supporting multiple tenants or mixed-use operations. The lower level adds even more flexibility, offering both a residential unit and additional commercial space totalling approximately 3,000 sq. ft. Outside, the property features a substantial fenced lot with secure barbed-wire perimeter and convenient rear access to John Street. This portion of the land is zoned to accommodate a seven-storey apartment building, presenting a significant development opportunity. Overall, this property is ideal for investors, developers, or business owners seeking a high-potential mixed-use site with ample space and future growth possibilities. Roof 2025 ($63,000 membrane). All info must be verified by any and all interested parties. Property Being Sold As-Is Where-Is. (id:28469)
Property Details
MLS® Number
X12631256
Property Type
Retail
Community Name
717 - Cornwall
Building
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
30000 Sqft
Size Interior
30,000 Ft<sup>2</sup>
Type
Residential Commercial Mix
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
117 Ft ,4 In
Size Frontage
40 Ft ,6 In
Size Irregular
Bldg=40.54 X 117.35 Ft
Size Total Text
Bldg=40.54 X 117.35 Ft
Zoning Description
Res 40/spu 1
Neighbourhood
Private Viewing & Info

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Julian Hyams
Salesperson

(613) 791-7760
www.instagram.com/hyamsrealestate/

Exp Realty
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8

(866) 530-7737
(647) 849-3180