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$1,099,900
Middlesex Centre
6339 Egremont Drive, Middlesex Centre (Lobo Village), Ontario, N0L1R0
This retail property in Middlesex Centre is for sale offering roughly 2,200 sq ft of space.
Exceptional commercial opportunity in Lobo with desirable CM2 zoning, offering endless possibilities for a wide range of business uses. Currently operating as a car dealership, this versatile property is well-equipped for automotive or other commercial ventures, featuring two private office spaces, a storage area, and two service bays for vehicle work. The property also includes a 10,000 lb capacity hoist that has been recently inspected and passed, providing added value and peace of mind for the new owner.Recent improvements include a new roof, new furnace, updated wiring, and a 200-amp electrical panel, making this property move-in ready for a variety of business operations. The property offers ample on-site parking for customers, staff, and inventory. Situated on a deep lot, this property presents additional future potential for residential development or expansion with another structure, subject to municipal approvals. A rare opportunity to own a flexible commercial property. (id:66096)
Long Listed: 77 days on market, against an average age of 77 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Middlesex Centre (Lobo Village) has been listed for 77 days, right at the city average. A solid opportunity worth looking into.
Approximate location — exact address confirmed upon showing
This home lists at $1,099,900, about 11.0× the local median household income of $100,000.
Carrying it typically needs a household income of about $214,849 (20% down, 25-yr amortization, stress-tested) — roughly 115% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0L)
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