$1,399,900

For sale

717950 Highway 6, Georgian Bluffs - Retail for Sale

717950 Highway 6, Georgian Bluffs, Ontario, N4K5N7

4 baths23 parking8,075 ft²1.00 acres lot sizeListed 27 days ago

Overview

This retail property in Georgian Bluffs is for sale offering roughly 8,075 sq ft of space. It has been on the market 27 days, fresher than the Georgian Bluffs average of 105 days.

Retail Space for Sale in Georgian Bluffs →All real estate in Georgian Bluffs →

Description

Beautifully remodeled 4 unit commercial building on busy Highway 6 in Springmount just west of Owen Sound. Approx. 1-acre site with 23 paved parking spaces at front and gravel at back. 2 units tenanted (Units 3 & 4 - Units 1 & 2 vacant). 8,075 square feet of gross floor area on two levels approx. 7,597 sf interior leasable per plans attached. Each unit has 10'x 10' roll-up grade level door at back opening to bay area with 14' clear (16.5') to finished ceiling. All interiors finished. Each unit separately metered with gas furnace and a/c. Excellent opportunity for user or investor. Note - extra cleared land to south is not part of the property and is leased by a neighbour to one of the tenants under a separate agreement. Phase 1 available. (id:66096)

Property Details

MLS®: X13877398
Property Type: Retail
Zoning: C4-1
Bathrooms: 4
Parking: 23
Interior Size: 8,075 ft²
Lot Size: 1.00 acres
Frontage: 185 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $6,199/yr
Listed: 27 days ago

Services

Water: Dug Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Georgian Bluffs listings, avg age

105d

Price / ft²

$173

List price

$1.40M

Homes here sell slower than most markets

Sold homes in this market spent an average of 63 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 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This retail in Georgian Bluffs has been listed for 27 days, which is 78 days fresher than the city average of 105. Act while there is still low competition.

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Listed by RE/MAX HALLMARK CHAY REALTY · ROBIN JONES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4K)

This home lists at $1,399,900, about 20.1× the local median household income of $69,500.

Carrying it typically needs a household income of about $273,449 (20% down, 25-yr amortization, stress-tested) — roughly 293% above the area median.

Median household income: $69,500
Population: 28,975
Median age: 49.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4K)

$1,399,900· $173/ft²

For sale

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