157 Main Street
Wellington North, N0G 2L2
FOR SALE
$1,250,000

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Commercial Retail
CATEGORY2,000 Sq Ft
RETAIL AREAX12766598
MLSIDContact Us
Property Description
Excellent investment opportunity in the heart of downtown Mount Forest. This well-maintained and nicely updated mixed-use property offers strong current income with significant upside potential. The building includes two main-floor retail commercial units in a high-visibility downtown location, along with seven residential apartments consisting of four one-bedroom units, two two-bedroom units, and one studio apartment. The property benefits from plenty of on-site parking, and two additional storage buildings on the site provide excellent potential for further development, expansion, or additional revenue streams. With opportunities to improve operating efficiencies and increase rental income over time, this property represents a solid value-add investment. Ideal for investors seeking a stable return with long-term growth potential in a prime downtown setting.
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Property Details
Address
157 Main Street
Community
City
Postal Code
N0G 2L2
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
Commercial C1
Lot Size
60' x 238'
Retail Area
2,000 Sq Ft
Taxes
$7,983 (2025
Heat Type
Baseboard
Water
Municipal
Parking Spaces
15
Garage Type
None
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Listing contracted with Keller Williams Home Group Realty
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