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$ 998,000
Est. payment /mo
Active
118 Wellington ST W Merrickville-wolford, ON K0G 1N0
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 804 - Merrickville
MLS Listing ID X12840810
Style 2-Storey
Bedrooms 2
Annual Tax Amount $4,834
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
Two-Bedroom Apartment; Business with Building Included in the Sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time? This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise. The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and HVAC. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws. Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking. Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Business can be purchased separately.
Location
State ON
County Leeds And Grenville
Area Leeds And Grenville
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Air Exchanger, Accessory Apartment, Storage
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Unknown
Lot Frontage 50.0
Lot Depth 100.0
Total Parking Spaces 4
Building
Foundation Slab
Others
Security Features Alarm System
ParcelsYN No
Listed by RIGHT AT HOME REALTY
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