1813 Highway 1

Description

For many years, this building was home to The Clare Shopper, a publication that became a familiar part of the Clare community by connecting local businesses, classifieds, and community news. Today, this well-known property is ready for its next chapter, offering an outstanding opportunity for investors, entrepreneurs, or anyone looking to expand their rental portfolio. The former newspaper office occupies the main level and has been stripped back to provide a blank canvas for its next owner. With three spacious rooms, a common area, kitchen space, and a half bathroom, the possibilities are wide open. Continue using the space for commercial purposes or transform it into a 2 or 3-bedroom apartment, subject to any required approvals. Upstairs, a self-contained 2+1 bedroom apartment is already in place, while a separate 1-bedroom apartment at the rear of the building provides an additional source of rental income. Each unit is independently serviced with its own electrical panel and hot water heater. The property is connected to municipal sewer, supplied by a drilled well, and includes a garage with an elevated commercial loading dock for easy loading and unloading. Positioned within walking distance of the university and in a high-traffic location that offers excellent exposure, this property combines history, flexibility, and income potential in one package. Please note that the property is subject to HST over and above the asking price. Please note that this property is partially subject to HST over and above the purchase price. Book your showing today! (id:56844)