Prime Commercial Investment Opportunity-Exceptional commercial property located in one of the area's highest-visibility locations, directly across from a busy Tim Hortons and benefiting from excellent traffic exposure. Situated on approximately 2.54 acres with municipal water and sewer, this versatile property offers outstanding potential for investors, business owners, or future redevelopment. The property includes two substantial commercial buildings: *Building one(Former Nexus Building) -Approximately 60' x 120' -Approximately 2000 sq ft of finished upper-level office space -Excellent potential for offices, retail, professional services, light industrial, or a variety of commercial uses. **Building Two(Former Watts & Sutherland Auto Body) - Approximately 5,000 sq ft. -Large commercial workspace with excellent functionality for automotive, trades, warehousing, manufacturing, or other commercial operations. The generous 2.54-acre lot provides ample parking, storage, and room for future expansion or redevelopment (subject to municipal approvals). Properties of this size and location rarely become available. Whether you're looking to relocate your business, expand your operations, or invest in a prime commercial location, this property offers exceptional opportunity. This property has dual zoning ( C-GC & M-G1) (id:66096)
Property Details
MLS®
X13668432
Property Type
Retail
Zoning
C-GC
Lot Size
2.54 acres
Frontage
316 ft
Heating
Radiant heat
Cooling
None
Garage
Other
Property Tax
$22,221.99/yr
Listed
84 days ago
Features
Lot Features
Irregular lot size
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
84d
Bancroft (Bancroft Ward) listings, avg age
104d
List price
$1.90M
Long Listed: 84 days on market, against an average age of 104 days across the listings currently for sale in this city
Market timing · days on market0 → 104d avg age of current listings
Long Listed · day 84
Homes here sell slower than most markets
Sold homes in this market spent an average of 69 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 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This retail in Bancroft (Bancroft Ward) has been listed for 84 days, which is 20 days fresher than the city average of 104. Act while there is still low competition.
Listed by Century 21 Granite Realty Group Inc. · Emma Kearns
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K0L)
This home lists at $1,900,000, about 24.1× the local median household income of $79,000.
Carrying it typically needs a household income of about $371,137 (20% down, 25-yr amortization, stress-tested) — roughly 370% above the area median.
Median household income
$79,000
Population
78,142
Median age
54
Owner / renter
88% / 12%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA K0L)
$1,900,000
For sale
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Financing
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