9 King Street West, Clarington (Bowmanville) - Business for Sale
9 King Street West, Clarington (Bowmanville), Ontario, L1C1R2
This business in Clarington is for sale offering roughly 3,800 sq ft of space.
Description
A rare opportunity to acquire both a well-established business and a strategically located commercial/residential property in the heart of Bowmanville. Prime downtown Bowmanville location. Three-storey commercial/residential building. Established business operation for approximately 25 years. Strong repeat customer base and established goodwill. Significant new residential construction and development taking place in the surrounding area. Growing population and expanding customer base. Excellent exposure and surrounded by established business. Easy access to Highway 401. Growing Bowmanville community with long term development potential. Seller retiring. Vendor take back Mortgage, financing may be available to a qualified buyer. (id:66096)
Property Details
- MLS®
- E13682512
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C1-1
- Interior Size
- 3,800 ft²
- Lot Size
- 18 × 163 ft (2,934 sq ft)
- Frontage
- 18 ft
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $13,500/yr
- Listed
- 79 days ago
Features
- Appliances
- Water Heater
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 79 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Clarington (Bowmanville) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1C)
This home lists at $1,300,000, about 11.9× the local median household income of $109,000.
Carrying it typically needs a household income of about $253,936 (20% down, 25-yr amortization, stress-tested) — roughly 133% above the area median.
- Median household income
- $109,000
- Population
- 50,217
- Median age
- 37.2
- Owner / renter
- 80% / 20%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L1C)
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$1,300,000
Clarington