13 Mill Street E Centre Wellington, Ontario N0B 1S0
$2,299,000
An incredibly rare chance to own a landmark stone building on the river in the heart of highly sought-after show piece downtown of Elora Ontario. Year round income with a proven cap rate with even more room to grow the bottom line. This exceptional property features two residential income units, a successful, established restaurant, and an additional storefront commercial unit, making it a truly diversified and tremendous portfolio opportunity. Meticulously updated and renovated to the highest standards, the building showcases timeless stone craftsmanship while boasting modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio backing right on to the Grand River, delivering an unmatched dining experience and strong draw for locals and visitors alike. Positioned in a high-traffic location, surrounded by boutiques, tourism, and year-round foot traffic, this property benefits from Elora's vibrant downtown energy and enduring demand. Whether you're an investor seeking stable income, a business owner looking for a signature location, or a portfolio builder targeting premier assets, this is a once-in-a-generation opportunity in one of Ontario's most desirable small towns. Come see why Elora is the answer. (id:16261)
Property Details
| MLS® Number | X12988202 |
| Property Type | Retail |
| Community Name | Elora/Salem |
| Amenities Near By | Highway |
| Farm Type | Other |
| Features | Conservation/green Belt |
Building
| Bathroom Total | 4 |
| Age | 100+ Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,510 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 137 Ft |
| Size Frontage | 34 Ft |
| Size Irregular | 34 X 137 Ft |
| Size Total Text | 34 X 137 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/29593062/13-mill-street-e-centre-wellington-elorasalem-elorasalem
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April 12 2026 04:31:37
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