For Sale: 41 Main Street E, Bluewater, ON - REW
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$499,500
9 bd • 5 ba • 7385 sf • Multifamily
41 Main Street E
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$499,500
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41 Main Street EBluewater, ON, N0M 2T0

  • 9 Bed
  • 5 Bath
  • 7385 Sqft
  • Multifamily

About this home

That price is not a typo!!! INSANE INVESTMENT VALUE IN RURAL ONTARIO w/ THE ICONIC ZURICH, ON HOTEL PROPERTY | 3 LARGE APARTMENTS + COMMERCIAL RESTAURANT UNIT | MASSIVE LIST OF UPDATES BY CURRENT & PREVIOUS OWNERS | 7385 SQ FT + BASEMENT | NO HERITAGE RESTRICTIONS! Experience excellent exposure & convenience w/ 222' fronting Zurich's primary intersection at this epic corner site. The restaurant unit IS VACANT for someone looking to be an owner & also an operator at this value driven commercial site & 2 apartments ARE available for owner occupation as well! Just to name a few amenities, this well designed commercial restaurant space, historically licensed w/ the LCBO for 68 seats, comes w/ a full commercial kitchen, hood, bar area, walk-in cooler, & 2 proper washrooms w/ 2 stalls in each + 2 urinals. In addition to the bright & vibrant commercial unit, there are 3 generous residential apartments (see floorplan photos) providing a total of 9 bedrooms & 3 more washrooms plus laundry, & there is a boatload of storage space in between the units & also in the vast & bone dry basement. With .346 acres providing ample ON SITE parking & impressive yard space for your residential tenants, this one has it all, & the 2 upper level apartments were just vacated & are renovated for a new owner to move in tenants (or short term renters) of their choosing & maximize rental income. Notably, AirBnB/hotel style accommodations at the original Zurich Hotel may be a viable option! The large ground level apartment is currently bringing in $1500/month w/ extremely reliable & long-term tenants & the restaurant unit is vacant and available for immediate possession. Zoning allows for a variety of uses & the 6 Bedroom/2 Apartment vacancy provides a variety of options for a new owner. With potential gross income of $85k, this property could cap very nicely! Just a 15 min drive to Grand Bend or Exeter & barely 45 to London & 25 to Goderich, this hot spot by the lake is begging for a RE-INVENTION! (id:63626)
Listed by: MIKE SLOAN, Sales Representative, ROYAL LEPAGE TRILAND REALTY

Home facts and features

Price details
List Price
$499,500
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Gross Taxes for 2026
$4,782
Home facts
Bedrooms
9
Full Bathrooms
5
Parking Spaces
14
Property Type
Multifamily
Lot Size
222 ft x 0 ft (15071 ft²)
Depth
Frontage
222.0 feet
Heating Type
Forced air, Natural gas
Cooling
Partially air conditioned
Features
Irregular lot size
Agent details
Primary Agent
MIKE SLOAN
Primary Broker
ROYAL LEPAGE TRILAND REALTY
Listing details
Days on REW
2 Days
Property Views
68
MLS® Number
X13596702
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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St Boniface School
  • Catholic
  • JK - 8
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Call Agent
Sales Representative
MIKE SLOAN
Phone:
(519) 672-9880
Cell:
519-870-7650
Office:
519-672-9880
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.