48 Hall Avenue East, Renfrew - Business for Sale
48 Hall Avenue East, Renfrew, Ontario, K7V2S3
This business in Renfrew is for sale offering roughly 3,000 sq ft of space. It has been on the market 33 days, fresher than the Renfrew average of 110 days.
Description
Live, work, invest-or explore the possibilities at 48 Hall Avenue. Located in the heart of Renfrew, this distinctive brick Century property offers a rare combination of C1 Commercial zoning, generous space, historic character, and a highly convenient in-town location.Currently utilized as a primary residence with a successful home-based business, the property provides an appealing opportunity for entrepreneurs, professionals, investors, or buyers looking for a flexible live/work environment. The C1 zoning allows for a variety of potential commercial uses, including retail, office and professional services, along with other possibilities (buyers to verify their intended use with the municipality).The impressive 2-storey building offers 5 bedrooms, 3 bathrooms and spacious principal rooms, complemented by original wood millwork, solid wood interior doors and a beautiful grand staircase. A large mudroom, walk-in pantry and private balconies off both the family room and primary bedroom add further functionality and versatility.Numerous improvements have been completed over the years, including newer windows, several exterior doors, roof (2021), furnace, hot water tank, soffit, fascia and eavestroughs-valuable updates for buyers considering the property's long-term potential.Outside, you'll find a fenced side yard and ample on-site parking, while the central location provides excellent access to downtown shops, restaurants, services and other amenities.Whether you're looking to operate a business where you live, establish professional or commercial space, add a unique property to your investment portfolio, or explore future possibilities, 48 Hall Avenue offers the zoning, space and flexibility to bring a variety of visions to life.A property with this combination of character, location and commercial flexibility is a rare find in central Renfrew. (id:66096)
Property Details
- MLS®
- X13859256
- Property Type
- Business
- Zoning
- C1
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 6
- Interior Size
- 3,000 ft²
- Lot Size
- 11,326 sq ft (0.26 ac)
- Frontage
- 108 ft
- Building Area
- 3,000 ft²
- Heating
- Hot water radiator heat, Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
- Garage
- Other
- Property Tax
- $4,454.61/yr
- Listed
- 33 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 33 days on market, against an average age of 110 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 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed business in Renfrew has been listed for 33 days, which is 77 days fresher than the city average of 110. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K7V)
This home lists at $599,900, about 8.6× the local median household income of $70,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.
- Median household income
- $70,000
- Population
- 13,943
- Median age
- 52
- Owner / renter
- 71% / 29%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA K7V)
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$599,900
Renfrew