side by side residential units, a 3-bed 1.5-bath unit and a 2-bed 1-bath unit, totaling approximately 2,575 sq ft, with a history of mixed residential and commercial use, including its former operation as the Tay River Gallery. The property is outside the local heritage designation area, providing greater freedom for future redevelopment, expansion, or change of use. Located in a high-traffic area with excellent visibility for both vehicle and pedestrian traffic, the property benefits from strong walkability to downtown Perth amenities, including shops, restaurants, cafés, professional services, parks, and the Tay River waterfront. This location offers excellent exposure for retail, service, office, or mixed-use users seeking a prominent downtown presence. Recent capital improvements include a steel roof with metal soffit and fascia, and rear siding. The site also offers ample room for potentially 10+ parking spots, a rare feature in the downtown area. Income is currently in place with month-to-month residential tenancies, while the zoning, lot size, frontage, parking, and central location support strong future upside through owner-occupation, mixed-use conversion, or redevelopment. (id:62650)