$599,900
Norfolk
$599,900
Norfolk
157 MAIN Street, Norfolk (Delhi), Ontario, N4B2M1
This retail property in Norfolk is for sale offering roughly 4,000 sq ft of space.
Great opportunity to own a mixed used commercial property in Delhi's downtown core. Many permitted uses available with the CBD zoning. Main floor commercial space (2,000 sf) is currently set up for a restaurant/café and features an open concept layout with a kitchen and washroom. Upstairs are two residential apartments, one a 2-bedroom, 1 bath and the other is a one bedroom, 1 bath unit, both tenanted. Out back is a five-unit storage facility which great passive income. This property presents a fantastic opportunity to start/relocate your business or expand your investment portfolio in this popular farming community in Norfolk. Being sold with vacant commercial possession so you are free to fill it as you see fit. Book your private viewing today. *Residential units photos withheld for to respect the tenants request for privacy. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 135 days on market, against an average age of 103 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 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Norfolk (Delhi) 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 $599,900, about 7.7× the local median household income of $78,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4B)
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