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Tucked in the charming town of Gore Bay on the west end of Manitoulin Island, this prime mixed-use building offers an exceptional investment opportunity. The property features three well-maintained residential apartments, providing steady rental income. The main level currently houses a restaurant space, with the option to purchase the existing restaurant equipment separatelyâ€”allowing flexibility for a new owner to continue operating a restaurant or to repurpose the space for another business venture. The basement offers additional rental space with its own front-door entrance, ideal for a small business, office, or retail shop. This versatile layout can be tailored to suit various tenant needs, enhancing the propertyâ€™s overall income potential. Located in a picturesque setting, the building benefits from high visibility and foot traffic, making it an attractive destination for both residents and visitors alike. Gore Bayâ€™s scenic beauty, combined with its strong sense of community, ensures consistent demand for residential and commercial spaces. This property presents a fantastic income-generating opportunity with multiple revenue streams and room for growth. Donâ€™t miss the chance to invest in a thriving community and make this landmark building your own. (id:31684)

Home Details for 55 Meredith Street

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