99 1st Avenue S, Arran-Elderslie, ON N0G 1L0
Arran-Elderslie
INVESTOR OPPORTUNITY! A fantastic opportunity if you are looking to invest in a commercial property in Downtown Chesley! This Historic brick building has both commercial & residential spaces with multiple options. Enjoy the benefits with three steady revenue streams!! The main floor is equipped with a full service Restaurant space, recently renovated with new flooring, signage and seating area with dining counter, Hot Table and cold display case. Fully equipped with a walk-in cooler, fire suppression system, gas stove, double ovens, freezer, and prep area. Office, Basement storage space and convenient back access for deliveries. Electric Furnace Forced air, 200 amp service. Two occupied apartments upstairs with steady stream of rental income. One 2 bedroom and one 1 bedroom, each with their own laundry. Baseboard Heating, separate hydro meters and Hot water tanks upgraded in 2019. Water billed separately and currently paid by the landlord. Chesley is a busy town with plenty of opportunities, and just a short drive from west GTA, north Owen Sound, surrounding towns and Lake Huron. This property provides a great balance of commercial potential and residential income, all in a welcoming community near major employment opportunities. High cap rate of just under 10% with all three spaces leased. All equipment/appliances as is. Pictures show restaurant space prior to renovations which have new flooring and dining space.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 99 1st Avenue S, Arran-Elderslie, ON N0G 1L0
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MLS# X12774606
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
On market since Feb 10, 2026
What comparable homes actually sold for in the last 12 months.
99 1st Avenue S, Arran-Elderslie, ON N0G 1L0 is listed for $295,000 CAD.
99 1st Avenue S, Arran-Elderslie, ON N0G 1L0 has 4 bathrooms.
99 1st Avenue S, Arran-Elderslie, ON N0G 1L0 is a Commercial Retail, 3,245 sq ft.
99 1st Avenue S, Arran-Elderslie, ON N0G 1L0 is in Arran-Elderslie, Ontario.
99 1st Avenue S, Arran-Elderslie, ON N0G 1L0 is currently for sale.
The annual property taxes on 99 1st Avenue S, Arran-Elderslie, ON N0G 1L0 are approximately $1,940 CAD.
Contact Alex Morgan at +16471112222 to arrange a private showing of 99 1st Avenue S, Arran-Elderslie, ON N0G 1L0 (MLS# X12774606). You can also send a message through the contact form on this site.
