In the heart of downtown Meaford, this fully tenanted mixed-use building presents an opportunity to acquire an established, income-producing asset with prominent Main Street frontage. Comprised of approximately 4,800 sq ft of main-floor commercial space and two residential units above, the property ...combines strong in-place income with future upside in a market attracting continued interest from investors and end users. The main-floor commercial space has been extensively modernized with updated flooring, lighting, drywall, washrooms and mechanical systems, creating a clean and functional environment for long-term tenancy. A current commercial lease provides dependable income from day one. At the rear, a truck-height loading door offers practical access, while an additional approximately 500 sq ft space provides flexibility for storage, service use or potential additional income. A large, dry basement offers further underutilized space. Above, two bright, two-storey residential units feature large windows and 10-foot ceilings. The two-bedroom unit has been updated with a new kitchen and bathroom, while the three-bedroom unit has been freshly painted and retains original character details. Recent capital improvements include roof resurfacing at the rear in 2023 and front in 2024, electrical panel updates, a new furnace and air conditioning, helping to minimize near-term capital requirements. Beyond the existing income streams, the property offers longer-term value-add potential through future rent growth and repositioning. Existing site plan approvals allow for future intensification, including a rear addition, providing flexibility to increase both scale and returns over time. A well-located Main Street holding offering immediate cash flow, established tenancy and multiple avenues for future growth. Financials available upon request.
Full Property Details
General
Business Type
-
Industrial Area
500.00 Sq Ft
Retail Area
4800.00 Sq Ft
Office Area
2550.00 Sq Ft
Total Area
7850.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
1
Business Type
-
Industrial Area
500.00 Sq Ft
Retail Area
4800.00 Sq Ft
Office Area
2550.00 Sq Ft
Total Area
7850.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
1
Interior
Washrooms
0
Heating Source
Gas
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Yes
Washrooms
0
Heating Source
Gas
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Yes
Exterior
Depth
132.16
Front
44.92
Lot Size
45 x 132.16 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C1
Depth
132.16
Front
44.92
Lot Size
45 x 132.16 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C1
Building Description
Home Type
Commercial
Subtype
Store W Apt/Office
Water Supply
Municipal
Possession Date
11/1/2026
Home Type
Commercial
Subtype
Store W Apt/Office
Water Supply
Municipal
Possession Date
11/1/2026
Community
Community
Meaford
Community
Meaford
Taxes & Fees
Taxes
$8,890 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$8,890 /yr
Tax Year
2026
Occupancy
Tenant
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