2093 Charlotteville Road, Norfolk - Business for Sale
2093 Charlotteville Road, Norfolk, Ontario, N3Y4J9
This business in Norfolk is for sale offering roughly 7,580 sq ft of space. It has been on the market 6 days, fresher than the Norfolk average of 81 days.
Description
PRICE IMPROVEMENT! Rare opportunity to acquire an established automotive recycling and scrap yard business situated on 7.63 acres of industrial-zoned land in Southwestern Ontario, approximately 1.5 hours from the GTA. This turnkey operation includes two buildings totaling approximately 7,580 sq. ft., offering excellent potential for automotive recycling, salvage, scrap metal, and related industrial operations. The property benefits from an existing Ontario salvage yard license, a valuable asset for operators looking to enter or expand in the industry. The sale includes existing inventory and equipment, including hoists, two forklifts, a loader, and other business assets, providing an opportunity for a smooth transition to new ownership. Conveniently located just 20 minutes from Brantford and approximately one hour from Hamilton and London. The business has earned a 4.5-star Google rating, reflecting its established presence in the market. Financial statements are available to qualified buyers upon request. An excellent opportunity to acquire an operating business, industrial real estate, and an established licensed facility with significant growth potential. (id:66096)
Property Details
- MLS®
- X14128610
- Property Type
- Business
- Business Type
- Automobile
- Zoning
- MD
- Interior Size
- 7,580 ft²
- Lot Size
- 332 × 887 ft (6.75 acres)
- Frontage
- 331 ft
- Heating
- Forced air, Natural gas
- Cooling
- None
- Property Tax
- $6,939.16/yr
- Listed
- 6 days ago
Market Timing
Just listed: 6 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Norfolk has been listed for 6 days, which is 75 days fresher than the city average of 81. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N3Y)
This home lists at $1,990,000, about 25.7× the local median household income of $77,500.
Carrying it typically needs a household income of about $388,717 (20% down, 25-yr amortization, stress-tested) — roughly 402% above the area median.
- Median household income
- $77,500
- Population
- 23,402
- Median age
- 49.2
- Owner / renter
- 75% / 25%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N3Y)
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$1,990,000
Norfolk