$850,000
Prince Edward County
176 Wellington Main Street, Prince Edward County (Wellington), Ontario, K0K3L0
This retail property in Prince Edward County is for sale. It has been on the market 19 days, fresher than the Prince Edward County average of 117 days.
Prime Commercial Investment Opportunity in the Heart of Wellington! Discover the exceptional potential of 176 Wellington Main Street, ideally situated along one of Prince Edward County's most desirable commercial corridors. Offering almost one acre of land with an impressive 135 feet of frontage on Wellington Main Street, this property presents an outstanding opportunity for investors, developers, and business owners looking to capitalize on Wellington's continued growth and popularity. Zoned Highway Commercial (HC), the property offers flexibility for a wide range of commercial uses and future development possibilities, subject to municipal approvals. The property is already connected to municipal water and municipal sewer services, providing valuable infrastructure for future development. An older home currently situated on the property offers additional flexibility, with the potential for continued residential use or rental income while exploring future opportunities. Adding to its appeal is the potential to acquire an additional adjoining parcel, providing another 69.88 feet of frontage on Wellington Main Street, for a combined frontage of approximately 205 feet. With excellent visibility, substantial land area, municipal services, and a strategic location in the heart of Wellington, this is a rare opportunity to secure a significant commercial property in one of Prince Edward County's most sought-after communities. Invest, develop, or establish your business in a location with tremendous potential! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 117 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 67 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Prince Edward County (Wellington) has been listed for 19 days, which is 98 days fresher than the city average of 117. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $850,000, about 10.2× the local median household income of $83,000.
Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 100% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
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