72 George Street, Lanark Highlands, Ontario, K0G1K0
This retail property in Lanark Highlands is for sale offering roughly 1,536 sq ft of space. It has been on the market 33 days, fresher than the Lanark Highlands average of 105 days.
Located in the heart of Lanark, this mixed-use property offers a versatile opportunity for investors, entrepreneurs, or those looking to live and work in one location. The ground level features a commercial space operating as a pizza shop, offering excellent visibility and potential for a variety of permitted uses, while the upper level includes a self-contained 2-bedroom apartment ideal for rental income or owner occupancy. Positioned within the community core and surrounded by local amenities and steady foot traffic, this property presents a unique chance to reimagine the space to suit your needs. A flexible investment with both residential and commercial components in a growing small-town setting. Amazing location with no competition. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 33 days on market, against an average age of 105 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 60 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 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Lanark Highlands has been listed for 33 days, which is 72 days fresher than the city average of 105. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $349,000, about 3.7× the local median household income of $94,000.
Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0G)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →