A Fantastic Investment Opportunity Awaits! Discover the potential of this free-standing downtown building, a property with a rich history as a restaurant and lounge. With its unique walk-out layout, this space offers incredible versatility, featuring two separate entrances for multi-use possibilities. Whether you're looking to invest in a property with endless potential or seeking a lease opportunity, this landmark is ready to inspire. The building has been largely stripped down to its bare bones, providing a blank slate for your vision. Highlights include: Parking options: Dedicated parking lot in front, ample on-street parking, and several nearby lots. Washrooms on all levels, ensuring convenience for any use. Basement: Equipped with washrooms, storage, and a utility room. Main floor: Former kitchen space (equipment removed but utility infrastructure intact), perfect for a restaurant or lounge setup, and a cozy seating area. Upper level: Features an iconic dance floor/stage, additional washrooms, an open area, and a separate entrance. While some work is needed to restore this local gem to its former glory, the possibilities are truly endless. Whether you're dreaming of a trendy restaurant, a vibrant entertainment venue, or a multi-use commercial space, this property can make it happen. Also available for lease! Contact your REALTOR® today to schedule a tour of this exciting opportunity and bring your vision to life. (id:51989)
Features of 502 South Railway Street Se
- MLS® Number A2205833
- Price $275,000
- Square Footage: 4234 sqft
- Property Type: Commercial Mix
- Community Name: SE Hill
- Plan 9012473
Buildings
| Constructed Date | 1920 | Cooling Type | Central Air Conditioning |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Size Exterior | 4234 Sqft | Size Interior | 4234 Sqft |
| Total Finished Area | 4234 Sqft | Type | Commercial Mix |
Land
| Acreage | No | Size Depth | 69.04 M |
| Size Frontage | 10.06 M | Size Irregular | 694.54 |
| Size Total | 694.54 M2|7,251 - 10,889 Sqft | Size Total Text | 694.54 M2|7,251 - 10,889 Sqft |
| Zoning Description | Mu-d |
Agents and Offices
- JEN BOYLE
- Office: Cir Realty