115 1st Avenue North, Arran-Elderslie, Ontario, N0H1G0
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$299,900
Arran-Elderslie
This retail property in Arran-Elderslie is for sale offering roughly 2,800 sq ft of space.
Prime Main Street Commercial Building in Chesley. Excellent opportunity to acquire a well-maintained 2,800 sq ft, single-level commercial retail building located on the main road, positioned in a high-visibility, high-traffic location, this property offers strong exposure and easy access in the heart of the community. The property is currently leased to a solid, long-term tenant, providing a dependable income stream. The 2,800 sq ft layout is efficiently designed for retail operations, offering open floor space, excellent storefront presence, and convenient customer access. The single-storey configuration ensures ease of maintenance and long-term functionality. With premium frontage on the town's main corridor and a stable government-backed tenant in place, this property represents a turnkey investment opportunity in a growing rural market. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 254 days on market, against an average age of 94 days across the listings currently for sale in this city
This retail in Arran-Elderslie is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $299,900, about 3.5× the local median household income of $86,000.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0H)
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