97 South Street, Lanark Highlands, Ontario, K0G1K0
This retail property in Lanark Highlands is for sale.
Prime commercial opportunity in the heart of Lanark! This high-visibility commercial property offers endless potential for entrepreneurs, investors, and business owners. A mature tree-lined shoreline creates a welcoming atmosphere for customers, with access to the scenic Clyde River providing a unique backdrop for outdoor seating, picnic tables, or customer gathering spaces. The property features existing buildings with electricity already connected, offering a solid foundation for a variety of commercial uses. Previously operated as a car wash and later as a chip truck location, the site benefits from established services and excellent exposure within the community. Whether you're looking to launch a new venture, expand an existing business, or invest in a property with exceptional visibility and character, this is a rare opportunity to secure a versatile commercial site in a thriving and welcoming community. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 145 days on market, against an average age of 106 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 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 $99,900, about 1.1× the local median household income of $94,000.
Carrying it typically needs a household income of about $19,514 (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 →