For Sale Commercial Retail

4 – 13 Mill Street E

4 Baths
4510 Sq Ft
Sale Price $2,699,900

Description

Iconic Mixed-Use Investment Opportunity in Downtown Elora. A rare chance to own a landmark stone building in the heart of highly sought-after downtown Elora. 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 offering modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio overlooking 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. Downtown Elora. Iconic setting. Proven income. Exceptional upside.

Property Details

Bathrooms: 4
Square Feet: 4510
MLS Number: X12708066

Characteristics

Property

Status: Sale
Type: Commercial Retail
Age: 100+
Area: Wellington
Community: Elora/Salem

Inside

Bathrooms: 4
Air Conditioning: Yes

Building

Water supply: Municipal

Parking

Garage: None

Fees

Taxes: 7528
Tax Year: 2025
Tax Legal Description: PT LT 12 S/S PEEL ST PL 181 ELORA PT 1 & 2, 61R5474; S/T & T/W ROS643509; CENTRE WELLINGTON

Land

Frontage: 33.16
Lot Depth: 137.21
Lot Size Units: Feet
Water Source: Municipal
Sewer: Sanitary+Storm
Parcel Number: 714110033
Cross Street: Geddes

Commercial General

Taxes: Annual
Area: Greenbelt/Conservation, Recreation/Community Centre

Sale History

Date Event Price MLS Number
Jan 19, 2026 Listed $2,699,900 X12708066

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