$495,000

About this listing

Prime downtown Mitchell investment opportunity! Whether you're an investor looking for steady rental income or a business owner wanting to own rather than lease, this exceptionally well-maintained commercial property offers outstanding flexibility and value.The main floor features a professional, move-in ready commercial space with a versatile layout that can accommodate up to six private offices, including an executive office or collaborative workspace. A convenient roll-up overhead door opens to a warehouse/storage area, making the property ideal for retail, professional services, contractors, trades, light industrial, or distribution businesses. A second-floor mezzanine provides additional storage or workspace, adding even more functionality.Adding to the property's appeal is a leased residential apartment on the upper level, providing immediate rental income to help offset ownership costs while enhancing the property's long-term investment potential. Whether you choose to continue leasing the commercial space, operate your own business from the main floor, or work just steps from home, this property offers exceptional versatility.Located in the heart of downtown Mitchell, you'll benefit from excellent visibility, easy access, and a thriving small-town business community. The building has been exceptionally well cared for and is in excellent condition, allowing the next owner to move in with confidence and focus on growing their business or investment portfolio.A rare opportunity to own a quality mixed-use building in one of Perth County's most welcoming communities-offering commercial space, residential income, and endless possibilities under one roof.

Property details

Price per sqft

$124

Days on market

2 days

Property taxes

$3,024/yr (2025)

Lot size

50.5 × 52.5 Feet

Heating

Gas Forced Air Closed

Cooling

Yes

Garage

Other

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