249 MURRAY StreetBrantford, ON N3S 5S4
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$6,387Freehold 6-unit mixed-use property on an oversized 130’ x 133’ lot at the intersection of Murray Street and Sheridan in Brantford’s East Ward. Four of six units currently occupied and generating income with a clear path to a 7.16% stabilized cap rate through lease-up of two vacant, move-in-ready commercial units — no renovation required. Occupied units include an established commercial laundromat tenant on the main floor, a gymnastics studio (1,972 sq ft facing Murray St), and two upper-level residential apartments (2-bed and 1-bed). Two vacant commercial units offer immediate value-add: Unit 4 (1,054 sq ft) features excellent street frontage ideal for retail, professional, or service use; Unit 6 (1,836 sq ft) offers large rear yard access, perfect for trades, contractors, or storage-dependent business. Two-storey building with ample on-site parking, high traffic visibility, and proximity to Hwy 403 and Brantford’s downtown revitalization corridor. Municipal water and sewer. Zoned H-C7-3. Full financial package including rent roll, lease terms, and pro-forma analysis available to qualified buyers upon execution of confidentiality agreement. Ideal for the investor seeking diversified revenue streams with built-in upside, or an owner-occupier looking to operate from one unit while collecting rent on the rest. (id:31684)
| 4 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Active | |
| 2 months ago | Price changed to $1,399,900 | |
| 2 months ago | Listing first seen on site |
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