179 Mill Street Parkhill, Ontario N0M 2K0

$359,900

Exceptional opportunity here for someone with a clear plan and the discipline to navigate the process. Positioned on a generous 66’ x 132’ lot just steps from downtown Parkhill, 179 Mill Street presents a strategic opportunity for an entrepreneur, tradesperson, or investor prepared to unlock value through proper planning and approvals. The detached brick bungalow offers approximately 746 sq ft above grade with multiple finished rooms, two 3-piece washrooms with stand-up showers, and a recently refreshed section featuring updated flooring and paint. A large open bay on the opposite side of the building provides flexibility for workshop, storage, garage, or business-related use. Municipal water and sewer services are connected, and the property includes an attached two-car garage with ample on-site parking. Currently zoned R1 Residential, the property requires further steps to bring the building fully into residential compliance. A Phase 2 Environmental Assessment will be required in order to obtain a Record of Site Condition and satisfy requirements necessary for residential use, along with meeting applicable residential building code standards. Alternatively, a buyer may explore municipal applications for permitted commercial or mixed-use opportunities, subject to approvals. This is a true value-add opportunity for an owner-occupied business seeking workspace with long-term residential potential, or an investor looking to reposition the asset into a commercial-residential income model. Phase 1 Environmental has been completed. Property is being sold as-is. (id:57134)

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https://www.realtor.ca/real-estate/29424881/179-mill-street-parkhill