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$1,399,900 Sale
Listed 103 days ago
249 Murray Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 249 Murray Street
Key Facts
Key facts for 249 Murray Street
Property Type
Commercial
Parking
Reserved/Assignd
MLS #
X13512592
Size
-
Basement
-
Listed on
2026-07-02
Lot size
130 x 133.0
Tax
$13,128 /yr
Days on Market
103
Approximate Age
-
Maintenance Fee
-
Description
Freehold 6-unit mixed-use property on an oversized 130' x 133' lot at the intersection of Murray Street and Sheridan in Brantford's East Ward. Four of six units currently occupied and generating income with a clear path to a 7.16% stabilized cap rate through lease-up of two vacant, move-in-ready com...mercial units - no renovation required.Occupied units include an established commercial laundromat tenant on the main floor, a gymnastics studio (1,972 sq ft facing Murray St), and two upper-level residential apartments (2-bed and 1-bed). Two vacant commercial units offer immediate value-add: Unit 4 (1,054 sq ft) features excellent street frontage ideal for retail, professional, or service use; Unit 6 (1,836 sq ft) offers large rear yard access, perfect for trades, contractors, or storage-dependent business.Two-storey building with ample on-site parking, high traffic visibility, and proximity to Hwy 403 and Brantford's downtown revitalization corridor. Municipal water and sewer. Zoned H-C7-3. Full financial package including rent roll, lease terms, and pro-forma analysis available to qualified buyers upon execution of confidentiality agreement. Ideal for the investor seeking diversified revenue streams with built-in upside, or an owner-occupier looking to operate from one unit while collecting rent on the rest.
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Courtesy of: RE/MAX TWIN CITY REALTY INC.