Description

An exceptional waterfront investment opportunity combining strong income, prime location, and long-term stability. This well-maintained 67 unit mixed-use building is ideally positioned on the waters edge, offering unobstructed ocean views and direct access to all amenities just steps away. The property features a large commercial tenant occupying both ground-level units, providing reliable, established revenue, while the upper level consists of five spacious one-bedroom residential suites. Each waterfront-facing residential unit enjoys its own private balcony overlooking the oceanan increasingly rare and highly desirable feature that supports strong tenant demand and retention. Residents benefit from walkability to shops, services, dining, and transit, while enjoying the lifestyle appeal of coastal living. Coin-operated laundry adds additional income, and the expansive on-site parking lot enhances convenience for both commercial and residential tenants. This is a turnkey investment with a proven income stream, excellent visibility, and a balanced mix of commercial and residential use that diversifies risk. Whether expanding an investment portfolio or securing a landmark waterfront asset, this property delivers location, cash flow, and long-term value in one compelling package. (id:56844)