haho.ca
$695,000
For sale

618 Berford Street, South Bruce Peninsula - Business for Sale

618 Berford Street, South Bruce Peninsula, Ontario, N0H2T0

3 baths3 parking2,900 ft²Listed 333 days ago
Overview

This business in South Bruce Peninsula is for sale offering roughly 2,900 sq ft of space.

Description

Iconic Main Street Commercial Building with Established Retail Business & Residential Potential. Josie's, an iconic Wiarton retailer since 1994 has been a staple in the community for over 30 years, known for its curated men's and women's clothing and genuine commitment to customer happiness. This is your chance to take over a long standing, successful business ideally located on Wiarton's vibrant Main Street, offering excellent visibility, steady foot traffic, and bonus online sales through Shopify. The main level features a spacious retail floor with charming character details, including a decorative tin ceiling and an original wall safe. The space has been tastefully updated, providing a welcoming atmosphere for customers and a turnkey setup for the new owner. The upper level offers residential space with outstanding potential. Currently one unit with potential to be designed as two separate apartments one 1 bedroom and one 2 bedroom. The layout provides flexibility for income generation, owner occupied living, or further development depending on your vision. At the rear, the property offers 3 private parking spaces with additional municipal parking nearby, making access convenient for customers and tenants alike. Whether you're looking to continue a thriving retail legacy or explore new possibilities, this rare commercial and residential opportunity on Main Street Wiarton is ready for its next chapter. (id:66096)

Property Details

MLS®
X12609680
Property Type
Business
Zoning
C1B
Bathrooms
3
Parking
3
Interior Size
2,900 ft²
Lot Size
4,138 sq ft
Frontage
25 ft
Building Area
2,900 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$2,759.63/yr
Listed
333 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
333d
South Bruce Peninsula listings, avg age
104d
Price / ft²
$240
List price
$695K

Long Listed: 333 days on market, against an average age of 104 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.

Homes here sell below asking price

Homes in this market sold for an average of 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in South Bruce Peninsula is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Chestnut Park Real Estate · GARY TAYLOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $695,000, about 8.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $135,758 (20% down, 25-yr amortization, stress-tested) — roughly 58% above the area median.

Median household income
$86,000
Population
53,674
Median age
52.8
Owner / renter
86% / 14%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA N0H)

$695,000· $240/ft²
For sale

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Financing

Buying this business?

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$695,000

South Bruce Peninsula

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