An exceptional mixed-use investment opportunity in the heart of downtown Meaford. This landmark Second Empire heritage building is currently configured as a commercial property with two residential apartments, offering multiple income streams and exceptional flexibility for investors, business owners, and entrepreneurs.Prominently positioned just steps from Meaford's harbour, marina, waterfront, shops, restaurants, and growing downtown core, the property benefits from excellent visibility and walkability in one of South Georgian Bay's most dynamic and evolving communities. Mixed-use zoning supports a variety of potential commercial and residential uses, creating opportunities for owner-operators, investors, live-work configurations, or future redevelopment and reconfiguration, subject to applicable approvals.Extensively updated over the years, improvements include conversion of former offices into a residential apartment with approved kitchen and bathroom installation, updated kitchenette in commercial unit, replacement of nearly all windows between 2019 and 2025, new gas service (2024), new hot water heater (2024), new forced-air gas furnace (2025), complete exterior painting (2026), and numerous additional capital improvements.Built in the late 1870s, the property has evolved alongside the community for nearly 150 years while retaining the architectural character and craftsmanship that make it such a distinctive presence on Meaford's historic streetscape. Whether maintained as a mixed-use income property, operated as a live-work environment, or repositioned to suit a new vision, 55 Trowbridge Street offers a rare combination of heritage character, income potential, and future opportunity in a thriving four-season destination. (id:2493)