14 Caithness Street E, Caledonia, Ontario

About 14 Caithness Street E

Five-unit mixed-use building in the Caledonia downtown core. Approximately 8,700 sf of enclosed area — 5,143 above grade plus 3,545 of income-producing lower level. Two commercial tenancies and three residential units; one ground-floor residential unit vacant and unfinished. Roof 2023, heat pump 2024, furnace 2025 — all recent. Value sits in the gap between in-place and achievable income: gross legacy leases, one unlet unit, and a substantial portion of the lower level never allocated to a tenancy. Restructured on market terms, NOI of approximately $95,000 supports a 6.35% return at the asking price for roughly $12,000 of landlord work. Zoned CD, Downtown Commercial. Measured floor plans and full information package available to qualified buyers. (id:6289)

More Info on this 631 - Caledonia North East Residential Commercial Mix MLS® listing

14 Caithness Street E is a residential commercial mix listing for sale in Caledonia. The MLS® number is 40869789. It covers 8,688 square feet. It's currently listed for $1,499,000. For more details on MLS® 40869789, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in 631 - Caledonia North East is available now!

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