50 Mill Street W, Centre Wellington (elora/salem), Ontario

$10,000,000

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6

Beds

5

Baths

About 50 Mill Street W

In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise. (id:6289)

Features of 50 Mill Street W

Listing # X12472597
Price $10,000,000
Bedrooms 6
Bathrooms 5.00
Half Baths 1
Acres 0.00
Type Retail

Community Information

Address 50 Mill Street W
Subdivision Elora/Salem
City Centre Wellington (elora/salem)
Province Ontario
Postal Code N0B1S0

Amenities

Amenities Fireplace(s)
Parking No Garage, Street
View Direct Water View
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Appliances Water softener, Water Heater, Alarm System, Dishwasher, Dryer, Microwave, Washer
Heating Electric Baseboard heaters
Cooling Window air conditioner
Fireplace Yes
# of Fireplaces 3
# of Stories 3
Has Basement No

Exterior

Exterior Stone
Lot Description 44.7 x 70.54 FT
Foundation Stone

Listing Details

OfficeROYAL LEPAGE RCR REALTY

Listing Map

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