7% CAP RATE! Exceptional investment opportunity in the heart of downtown Essex! This versatile C2.2-zoned solid brick free-standing building offers approximately 2,000 sq ft in a high-traffic location just off Talbot Street. Featuring a 1,000 sq ft commercial storefront currently operating as a hair and nail salon, plus two updated and comfortable 1-bedroom residential units, this property is ideal for investors or owner-operators seeking strong income potential and flexibility. Bright interior spaces with abundant natural light throughout, meticulously maintained with evident pride of ownership. Commercial unit and one residential unit feature in-suite laundry. Commercial and residential spaces are FULLY FURNISHED, making this a truly turn-key investment. Separate gas and hydro meters for all three units. Updated electrical, finished rear patio for tenant enjoyment, and onsite 4-car parking with additional street parking available. Fully tenanted with vacant possession available for the commercial space if desired. Surrounded by shopping, restaurants, and local amenities, this property offers excellent visibility and endless potential. Income and expense details available upon request. Immediate possession available. (id:4555)