$769,900
Essex
109 ALBERT Street, Essex, Ontario, N8M3A6
This industrial property in Essex is for sale offering roughly 1,316 sq ft of space.
Welcome to 109 Albert Street in Down Town Essex. This property Zoned C1 has been fully renovated in 2019 where it was converted from a one unit to a two unit, with 1316 sqft of commercial space on the main floor and 1207 sqft of residential living on the 2nd floor. Whether its for your personal use or your investment portfolio this property is a stand alone one of a kind in the Towns Centre. Currently Property size is 100'x100' with potential to create a second lot of 50'x100' for future development. Convert the current zoning from commercial to full residential and create a second residential unit on the main. while building a multi-unit on the adjacent lot. Call today for your visit to your future in the Town of Essex, and ""Let's Make This Your Best Move Yet"" (id:66096)
Long Listed: 77 days on market, against an average age of 67 days across the listings currently for sale in this city
This industrial in Essex 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 $769,900, about 8.7× the local median household income of $88,000.
Carrying it typically needs a household income of about $150,388 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.
Source: Statistics Canada, 2021 Census (FSA N8M)
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