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50 Mill Street W, Centre Wellington, ON N0B 1S0

Centre Wellington, ON, N0B 1S0 · Elora/Salem

Sq Ft
Store W Apt/Office Type
X12472565 MLS#

About this property

In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise.

Features & Amenities

  • Garage: None
  • Cooling: Partial
  • Heat Type: Other

Property Details

Property Type Commercial
Property Sub-Type Store W Apt/Office
Garage None
Heat Type Other
Cooling Partial
Annual Tax $5,702
Tax Year 2025

Building & Construction

Building Area Total
4990

Heating & Cooling

Heat Type
Other
Cooling
Partial

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
70.54
Lot Width
44.70

Community & Neighborhood

Community Features
Greenbelt/Conservation

Financial & Tax

Tax Annual Amount
$5,702
Tax Year
2025
Possession Type
Other
Possession Details
TBD

Utilities & Services

Utilities
Available

Additional Details

Occupant Type
Owner+Tenant
County Or Parish
Wellington
Cross Street
Metcalfe/Mill
Directions
Mill St. West of Metcalfe
Showing Requirements
Showing System

Location

50 Mill Street W, Centre Wellington, ON N0B 1S0, Centre Wellington, ON, N0B 1S0

Listing courtesy of ROYAL LEPAGE RCR REALTY
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