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Main Photo: 440 WATER STREET E in Cornwall: Retail for sale : MLS®# X12631256
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Status:
Active
Prop. Type:
Retail
MLS® Num:
X12631256
Build. Type:
Residential Commercial Mix
This expansive 0.7-acre property offers exceptional versatility, featuring a large commercial building with multiple income-generating opportunities. The upper level includes two residential units with a combined footprint of just under 3,300 sq. ft., providing spacious living or rental options. The main level hosts a sizeable bar/commercial area that offers endless potential for redevelopment or a wide range of business uses. The building is equipped with SPU zoning and includes four gas meters and four hydro meters, supporting multiple tenants or mixed-use operations. The lower level adds even more flexibility, offering both a residential unit and additional commercial space totalling approximately 3,000 sq. ft. Outside, the property features a substantial fenced lot with secure barbed-wire perimeter and convenient rear access to John Street. This portion of the land is zoned to accommodate a seven-storey apartment building, presenting a significant development opportunity. Overall, this property is ideal for investors, developers, or business owners seeking a high-potential mixed-use site with ample space and future growth possibilities. Roof 2025 ($63,000 membrane). All info must be verified by any and all interested parties. Property Being Sold As-Is Where-Is. (id:2493)
Property Type:
Retail
Total Living Area:
30,000 sq. ft.
Total Building Area:
30,000 sq. ft.
Zoning:
Res 40/SPU 1
Taxes:
$10,133.61 / -
Community:
717 - Cornwall
Structure Type:
Residential Commercial Mix
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Forced air, Natural gas
Water:
Municipal water
Lot Frontage:
40'7¼"
Lot Details:
Bldg=40.54 x 117.35 FT
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Listed by EXP REALTY
Data was last updated December 22, 2025 at 05:15 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$350,000
Min list price:
$250,000
Max list price:
$1,490,000
Avg days on market:
151
Min days on market:
10
Max days on market:
320
Avg price per sq.ft.:
$117.45
These statistics are generated based on the current listing's property type and located in 717 - Cornwall. Average values are derived using median calculations. This data is not produced by the MLS® system.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.