$340,000
2 MILL STREET
Beds
—
Baths
2
Sqft
—
Year
—
About this home
Welcome to 2 Mill Street, a prominent landmark property ideally located at the corner of Mill Street and East Front Street in the heart of Stirling. Originally constructed in the late 1800s as a bank, this solid brick building reflects the timeless architecture and enduring craftsmanship characteristic of the era. This unique property offers a rare live-work opportunity, featuring a 1,414 sq. ft. main floor currently configured for professional office or retail use, complete with a welcoming reception area and private workspaces suited to a variety of business needs. The upper level, approximately 1,600 sq. ft., has historically operated as a spacious four-bedroom apartment, providing excellent potential for owner occupancy or additional rental income. The building has been thoughtfully updated to enhance comfort and efficiency, including a new gas-fired boiler installed in 2025 and first floor air conditioning. Its well-preserved brick exterior and adaptive reuse over time make it a standout example of heritage charm blended with modern functionality. Positioned just steps from local attractions such as the Stirling Festival Theatre and the Stirling Grist Mill, this high-visibility downtown location offers both character and convenience. An exceptional opportunity to own a distinctive and flexible property in one of Stirling's most desirable settings. (id:65958)
- Subtype
- Retail
- MLS#
- X12892952
- Area
- STIRLING-RAWDON_(STIRLING_WARD)
Cash on cash
-0.87%
Cap rate
5.71%
GRM
11.8
Break-even rent
$2,452
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.