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$599,900
Norfolk
57 Main Street South, Norfolk (Waterford), Ontario, N0E1Y0
This retail property in Norfolk is for sale offering roughly 2,849 sq ft of space. It has been on the market 12 days, fresher than the Norfolk average of 50 days.
Building For Sale. Positioned in the heart of downtown Waterford, 57 Main Street South presents a compelling opportunity for investors and entrepreneurs alike. This well-kept mixed-use building offers strong visibility along the town's main corridor, surrounded by local shops, community amenities, and steady foot traffic that supports long-term business success. The main level is home to a thriving convenience store-creating a built-in customer base and a rare competitive advantage. Above, the potential for two residential apartment units, making this property ideal for a future fully tenanted investment. Located in a welcoming and steadily growing community within Norfolk County, Waterford continues to attract visitors and residents alike with its small-town charm, local events, and nearby outdoor attractions like the Waterford Heritage Trail. Its convenient proximity to Brantford and Simcoe further enhances its appeal for commuters and business owners. If you're looking to expand your investment portfolio, this versatile property offers future growth potential in one of Norfolk County's most desirable small-town settings. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 50 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 (Waterford) has been listed for 12 days, which is 38 days fresher than the city average of 50. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,900, about 6.5× the local median household income of $92,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0E)
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