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Commercial listings / Investment / For sale

158 Mill Street, Milton, ON L9T 1S2

$1,295,000

158 Mill Street, Milton, ON L9T 1S2, photo 1158 Mill Street, Milton, ON L9T 1S2, photo 2158 Mill Street, Milton, ON L9T 1S2, photo 3158 Mill Street, Milton, ON L9T 1S2, photo 4158 Mill Street, Milton, ON L9T 1S2, photo 5158 Mill Street, Milton, ON L9T 1S2, photo 6
Property type
Investment
Transaction
For sale
Location
Milton, Halton
Building area
2,400 Square Feet
MLS® number
W12550540

Description

Excellent opportunity to own a fully leased mixed-use building just one block north of Main and Martin Street in Milton's Downtown Core. This well-maintained property features a new roof (2025), and newly updated interior and exterior, strong curb appeal, and functionality for both commercial and residential uses. The main floor offers approximately 1,200 sq. ft. of versatile retail space with a full basement ideal for retail, restaurant, personal service, or professional office uses. Currently tenanted by a Dog Grooming Salon. The upper level features two self-contained 600 sq. ft. one-bedroom residential apartments, each with separate utilities, providing stable rental income. All units are separately metered and equipped with individual furnaces and electrical panels, ensuring easy management and efficiency. Strong rental income providing a 5% + cap rate.

Listing brokerage: LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.

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