$750,000

For sale

112 College Street West, Belleville (Belleville Ward) - Retail for Sale

112 College Street West, Belleville (Belleville Ward), Ontario, K8P2G5

2,500 ft²17,424 sq ft (0.40 ac) lot sizeListed 69 days ago

Overview

This retail property in Belleville is for sale offering roughly 2,500 sq ft of space. It has been on the market 69 days, fresher than the Belleville average of 80 days.

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Description

Prime Commercial Opportunity in the Heart of Belleville! Welcome to 112 College Street West, a highly visible, 2500 SF freehold commercial property ideally located in one of Belleville's most accessible corridors. AND Dry cleaning business included in the sale. Situated on a 0.38-acre lot with approximately 93 feet of frontage and excellent southern exposure, this one-storey retail building offers versatility for a wide range of business or investment uses. Currently home to a well-established dry-cleaning operation, the site provides exceptional potential for owner-operators, investors, or entrepreneurs seeking a turnkey opportunity. The dry-cleaning business itself is also available for purchase, creating a rare chance to acquire both the real estate and a proven, income-generating operation under one roof. The property is zoned RH (Residential Holding) with commercial use permissions and features a private on-site parking area, terrific exposure, ease of access, lots of parking and proximity to major arteries and surrounding residential neighbourhoods. Its central location allows for convenient access to downtown Belleville, the 401, and the growing west-end commercial district. With comparable area sales demonstrating strong commercial values and continued local economic growth, 112 College Street West represents a solid investment with immediate income potential or redevelopment upside (id:66096)

Property Details

MLS®: X13716860
Property Type: Retail
Zoning: RH with commercial provision for current use
Interior Size: 2,500 ft²
Lot Size: 17,424 sq ft (0.40 ac)
Frontage: 93 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $11,722/yr
Listed: 69 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

69d

Belleville (Belleville Ward) listings, avg age

80d

Price / ft²

$300

List price

$750K

Haho

This retail in Belleville (Belleville Ward) has been listed for 69 days, which is 11 days fresher than the city average of 80. Act while there is still low competition.

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Listed by EKORT REALTY LTD. · Joe Shunock

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8P)

This home lists at $750,000, about 11.6× the local median household income of $64,500.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.

Median household income: $64,500
Population: 23,166
Median age: 44.4
Owner / renter: 52% / 48%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K8P)

$750,000· $300/ft²

For sale

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