13 Mill Street E, Elora, ON N0B 1S0
13 Mill Street E, Elora, ON N0B 1S0
13 Mill Street E, Elora, ON N0B 1S0
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Listed by Jim Bowman • RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
$2,299,000
Est. payment /mo
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4,510 SqFt
New

13 Mill Street E Elora, ON N0B 1S0

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $509

MLS Listing ID 40819951

Abv Grd Liv Area 4,510

Annual Tax Amount $8,047

Property Sub-Type Mixed,Building and Land

Source Cornerstone

Property Description

An incredibly rare chance to own a landmark stone building on the river in the heart of highly sought-after show piece downtown of Elora Ontario. Year round income with a proven cap rate with even more room to grow the bottom line. This exceptional property features two residential income units, a successful, established restaurant, and an additional storefront commercial unit, making it a truly diversified and tremendous portfolio opportunity. Meticulously updated and renovated to the highest standards, the building showcases timeless stone craftsmanship while boasting modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio backing right on to the Grand River, delivering an unmatched dining experience and strong draw for locals and visitors alike. Positioned in a high-traffic location, surrounded by boutiques, tourism, and year-round foot traffic, this property benefits from Elora's vibrant downtown energy and enduring demand. Whether you're an investor seeking stable income, a business owner looking for a signature location, or a portfolio builder targeting premier assets, this is a once-in-a-generation opportunity in one of Ontario's most desirable small towns. Come see why Elora is the answer.

Location

Province ON

County Wellington

Area Centre Wellington

Zoning C1

Direction Cross the bridge on Metcalfe St and turn right on Mill St. Property is on the right.

Rooms

Basement Full

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Parking Features Public

Utilities Available Electricity Connected, Fibre Optics, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup

Waterfront Description River,South,River Front

Lot Frontage 34.0

Lot Depth 137.0

Garage No

Building

Lot Description Rectangular, Business Centre, City Lot, High Traffic Area, Major Anchor, Visual Exposure

Faces Cross the bridge on Metcalfe St and turn right on Mill St. Property is on the right.

Story 2

Foundation Slab, Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Stone

New Construction No

Others

Senior Community No

Tax ID 714110033

Ownership Freehold/None

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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