14 CAITHNESS Street E, Caledonia
· 8688 sqft
$1,499,000
Five-unit mixed-use building in the Caledonia downtown core. Approximately 8,700 sf of enclosed area a?? 5,143 above grade plus 3,545 of income-producing lower level. Two commercial tenancies and three residential units; one ground-floor residential unit vacant and unfinished. Roof 2023, heat pump 2024, furnace 2025 a?? all recent. Value sits in the gap between in-place and achievable income: gross legacy leases, one unlet unit, and a substantial portion of the lower level never allocated to a tenancy. Restructured on market terms, NOI of approximately $95,000 supports a 6.35% return at the asking price for roughly $12,000 of landlord work. Zoned CD, Downtown Commercial. Measured floor plans and full information package available to qualified buyers.
General Info
| MLS Listing ID: 40869789 | Bedrooms: 0 | Bathrooms: 0 | Year Built: 0 |
| Listing Type: Other | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Poured Concrete | Roof: N/A | Title To Land: Freehold | Parking Space Total: 10 |
| Parking: N/A | Heating: N/A | Size: 8688 sqft | Air Conditioning : N/A |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: Alarm system | Basement: Full |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
Amenities/Features
- Southern exposure
- Visual exposure
- Paved driveway
































