$759,900
Ingersoll
101 THAMES Street North, Ingersoll (Ingersoll - North), Ontario, N5C3C9
This retail property in Ingersoll is for sale offering roughly 2,000 sq ft of space. It has been on the market 78 days, fresher than the Ingersoll average of 107 days.
Positioned at the high-traffic corner of Victoria Street and Thames Street in the heart of Ingersoll, this turn-key mixed-use commercial building presents an exceptional opportunity for investors and owner-operators alike. Offering a versatile live/work configuration and multiple income streams, this property is ideally suited for those seeking both stability and future upside. The upper level features two well-maintained 2-bedroom residential units, each separately metered with tenants responsible for their own utilities. Both units are currently occupied by long-term tenants, with flexibility for vacancy if required. On the main level, the building includes two fully leased commercial storefronts-one occupied by a pet grooming business and the other by a water treatment equipment company-providing immediate, reliable rental income. The main floor offers a carpet-free, open-concept layout complete with a welcoming reception area, dedicated storage space, and a separate entrance for added convenience. Situated on a prominent corner lot, the property benefits from excellent visibility, strong foot and vehicle traffic, dual access points, and ample on-site parking for tenants, customers, and clients. Additional storage is available in the basement, enhancing functionality for a variety of commercial uses. This flexible mixed-use asset offers multiple possibilities: continue as a solid income-generating investment, operate your business on the main floor while residing upstairs, or explore future redevelopment potential in this prime central location. High-exposure corner properties with mixed-use zoning are particularly desirable due to their versatility and strong income potential. Operating expenses for 2025 include gas at $2531.00 and hydro at $3640.00. With excellent exposure, established tenancies, and a strategic location in one of Ingersoll's most prominent intersections, this is a rare opportunity to acquire a dynamic and income-producing property. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 107 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Ingersoll (Ingersoll - North) has been listed for 78 days, which is 29 days fresher than the city average of 107. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $759,900, about 8.5× the local median household income of $89,000.
Carrying it typically needs a household income of about $148,435 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5C)
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