101-103 Wyndham Street N Guelph, Ontario N1H 4E9

$1,359,000

Right up front, the Sellers feels so confident in this fine property that they'll consider giving you a First Mortgage themselves if you're qualified. In 1984, a Wendy's commercial taught us to ask, Where's the beef? In 1996, the Tom Cruise movie introduced, Show me the Money!! May I suggest that in 2020 (as well as Wash your hands!), you should always insist Show me the Roof when buying a commercial property. Smart investors do. Because it's generally the weakest link in any building - and the most expensive to fix. Well, at 101-103 Wyndham N, we have good news for you... then more good news. At considerable expense, a brand new membrane roof was just installed in 2019... AND its warranty is transferable to you. Protection and peace of mind all in one. But it's what's under this new roof that'll make you money... the third floor's very large two bedroom apartment, producing great income... the second floor's commercial space, more good solid income from a tailor's shop for the past 22 years plus an artist's studio for the past 13... then the gem at street level, nearly 26 feet of glassed in store frontage with impressive walk-in display windows, enhanced by the only fully sidewalk-covering awning anywhere on Wyndham Street, maybe in Guelph. Very impressive! Formerly home to perhaps Guelph's most upscale men's clothier for decades, now retired to Tobermory, this can now become home to your retail business - or that of your new tenant. Cha-Ching... more cash for your bottom line. And yes, far below that nice new roof... a full high dry basement, too! (id:39993)

Property Details

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https://www.realtor.ca/real-estate/22435315/101-103-wyndham-street-n-guelph