50 Mill Street W, Centre Wellington (Elora/Salem), Ontario

$7,999,000

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4,990

Square feet

About 50 Mill Street W

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. (id:6289)

More Info on this Elora/Salem Residential Commercial Mix MLS® listing

50 Mill Street W is a residential commercial mix listing for sale in Centre Wellington (Elora/Salem). The MLS® number is X12472565. It covers 4,990 square feet. It's currently listed for $7,999,000. For more details on MLS® X12472565, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in Elora/Salem is available now!

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Features of 50 Mill Street W

Listing # X12472565
Price $7,999,000
Square Footage 4,990
Type Retail
Sub-Type Residential Commercial Mix

Community Information

Address 50 Mill Street W
Area Elora/Salem
Subdivision Elora/Salem
City Centre Wellington (Elora/Salem)
Province Ontario
Postal Code N0B1S0

Amenities

Features Conservation/green belt
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Water softener, Dishwasher, Dryer, Microwave, Alarm System, Water Heater
Heating Other
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 44.7 x 70.54 FT

Additional Information

Zoning C1

Listing Details

OfficeROYAL LEPAGE RCR REALTY

Listing Map

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