138 Tudhope Street Espanola, Ontario P5E 1S6

$400,000

Welcome to 138 Tudhope - 74 Spruce Street, this expansive mixed-use commercial building, located in Espanola, boasts substantial square footage and immense potential for redevelopment. Totaling nearly 6,000 sq ft including the walk-up basement with 4 entry/access points, this building is ideal for a visionary investor. Its large, versatile layout makes it ideal for conversion into a multi-unit residential complex or a blend of commercial and residential spaces. The building features spacious interiors that can be reimagined to suit a variety of purposes, from retail storefronts to office space, while also allowing for comfortable, modern living quarters. Additionally, the property includes a newer outbuilding, built in 2018 complete with heat, separate hydro meter and 100 amp service, offering further flexibility as a heated workshop, studio, or even additional rental space. Upstairs can be accessed via Tudhope as well as a separate entrance on Spruce, currently upstairs you will find a sizeable 2 bedroom apartment, previous full kitchen, separate dining and living areas and former bathroom with laundry hook-ups. The basement has 3 access points, 1 being a separate walk-up to outside. Previously set-up with a workshop, endless storage and option for laundry. The building has a total of 400 amps, 2 natural gas furnaces, 2 A/C units and a solid metal roof. Outside you will find the property covered in beautiful perennials, partially fenced and interlock around the entire perimeter of the building. There is a driveway off of Spruce Street and street parking in front of Tudhope. Loaded with character and charm, the vast interior space, combined with the outbuilding, opens up endless possibilities for an investor with vision. Whether you're looking to operate your business with live-in potential, create a bustling commercial hub, a residential haven, or a mix of both, this property has the footprint and untapped potential to meet a range of needs. Opportunity awaits! (id:44560)

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https://www.realtor.ca/real-estate/27578678/138-tudhope-street-espanola