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$ 7,999,000
Est. payment | /mo
6 Beds
5 Baths
$ 7,999,000
Est. payment | /mo
6 Beds
5 Baths
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Elora/Salem
MLS Listing ID X12472597
Style 3-Storey
Bedrooms 6
Annual Tax Amount $5,701
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise.
Location
Province ON
County Wellington
Area Wellington
Body of Water Grand River
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Water Softener, Water Heater Owned
Cooling Window Unit(s)
Fireplaces Type Natural Gas
Fireplace Yes
Heat Source Electric
Exterior
Parking Features Street Only
Pool None
Waterfront Description Direct
Roof Type Shingles
Road Frontage Municipal Road
Lot Frontage 44.7
Lot Depth 70.54
Building
Foundation Stone
Others
Listed by ROYAL LEPAGE RCR REALTY
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