249 Murray Street, Brantford, Ontario N3S 5S4

Listed for:
$1,399,900
0 beds
0 baths
Listed 47 days ago
Residential Commercial Mix for rent: 249 Murray Street, Brantford, Ontario N3S 5S4

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About

On the Intersection of Murray Street and Sheridan Freehold 6-unit mixed-use property on an oversized 130’ x 133’ lot at the intersection of Murray Street and Sheridan in Brantford’s East Ward. Four of six units currently occupied and generating income with a clear path to a 7.16% stabilized cap rate through lease-up of two vacant, move-in-ready commercial units — no renovation required. Occupied units include an established commercial laundromat tenant on the main floor, a gymnastics studio (1,972 sq ft facing Murray St), and two upper-level residential apartments (2-bed and 1-bed). Two vacant commercial units offer immediate value-add: Unit 4 (1,054 sq ft) features excellent street frontage ideal for retail, professional, or service use; Unit 6 (1,836 sq ft) offers large rear yard access, perfect for trades, contractors, or storage-dependent business. Two-storey building with ample on-site parking, high traffic visibility, and proximity to Hwy 403 and Brantford’s downtown revitalization corridor. Municipal water and sewer. Zoned H-C7-3. Full financial package including rent roll, lease terms, and pro-forma analysis available to qualified buyers upon execution of confidentiality agreement. Ideal for the investor seeking diversified revenue streams with built-in upside, or an owner-occupier looking to operate from one unit while collecting rent on the rest. (id:27476)

Property Highlights

MLS® Number
40843954
Type
Other
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Building Type
Residential Commercial Mix
Storeys
2.00
Square Footage
17491 sqft
Amenities
Public Transit, Schools
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Re/Max Twin City Realty Inc
MLS® number:
40843954
Agent:
Adam Marshall
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