$575,000
Madawaska Valley
12 Dunn Street, Madawaska Valley, Ontario, K0J1B0
This retail property in Madawaska Valley is for sale. It has been on the market 176 days, fresher than the Madawaska Valley average of 181 days.
An exceptional investment opportunity awaits in the heart of Barry's Bay with this centrally located mixed-use commercial and residential property, offering a rare combination of immediate income, long-term stability, and future development potential. The property encompasses three main-floor commercial units and three residential units, creating an ideal turnkey operation with diversified revenue streams. Above, the second level features two well-appointed 2-bedroom, 1-bathroom residential units, while the lower level offers a cozy 1-bedroom, 1-bathroom unit, complete with abundant storage throughout, enhancing functionality and tenant appeal.Further strengthening the value of this offering is an additional vacant lot at the rear of the property, providing flexibility for extra parking or future expansion (subject to municipal zoning and approvals). Built on a solid foundation and operated efficiently, this property represents a secure and economical investment in a growing Ottawa Valley community. Enjoy the convenience of being just steps from shops, services, health care, and everyday amenities, with Kamaniskeg Lake and its four-season recreational opportunities only minutes away. As Barry's Bay continues to experience steady residential and commercial growth driven by tourism, local business, and community investment, this property stands out as a strategic opportunity for investors seeking both stability and upside potential.Minimum 24 hours' notice required for showings. 48-hour irrevocable on all offers. Pls note that two of the commercial units on the main have changed over and now occupied by new tenants. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 176 days on market, against an average age of 181 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 79 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 92.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Madawaska Valley has been listed for 176 days, which is 5 days fresher than the city average of 181. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $575,000, about 7.6× the local median household income of $76,000.
Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
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