13 Mill Street

ActiveCentre Wellington · Elora/Salem116 days on marketMLS® X12988202

$2,299,000

$510 / sq ft

Bedrooms0

Bathrooms4

Interior4,510 sq ft

Lot Size4,658 sq ft

TypeCommercial

ListingFor Sale

Days on Market116

About this property

An incredibly rare chance to own a landmark stone building on the river in the heart of highly sought-after show piece downtown of Elora Ontario. Year round income with a proven cap rate with even more room to grow the bottom line. 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 boasting modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio backing right on to 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. Come see why Elora is the answer.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12988202
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,510 sq ft
Lot Size	4,658 sq ft
Beds / Baths	0 bed · 4 bath
Neighbourhood	Elora/Salem
City	Centre Wellington
Postal Code	N0B 1S0
Province	ON
Listed Date	April 12, 2026
Days on Market	116
Price per Sq Ft	$510
Brokerage	RE/MAX Real Estate Centre Inc