$875,000
Renfrew
$875,000
Renfrew
150 RAGLAN Street South, Renfrew, Ontario, K7V1R1
This retail property in Renfrew is for sale offering roughly 7,781 sq ft of space. It has been on the market 79 days, fresher than the Renfrew average of 111 days.
A mainstay in downtown Renfrew for generations, this property has existed here since 1941. A truly unique opportunity to acquire a prominent & long standing main street property. Well constructed, it also offers a large rear parking lot that is separate from the business and offers other potential opportunities. Explore the versatile space that, while primarily serving as a parking lot, offers numerous alternative uses due to its expansive size. An added bonus is a rear entrance from the rear parking lot that can accommodate 14 vehicles. With its large & impressive storefront windows stretching across the entire front it has been a well known destination for generations. An abundance of natural light in the front retail portion of the store & its original hardwood floors, it has 3400 square feet of space & 12 foot ceilings. With its added office space, additional retail & storage space, the main level has a total of almost 7800 sq. feet of space. Combined with the basement & it's 3400 feet of storage space, you have over 11,000 square feet to utilize. Many opportunities exist to use the existing footprint or design the floorplan to suit your needs. Store and parking lot for sale and NOT the Business (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 111 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Renfrew has been listed for 79 days, which is 32 days fresher than the city average of 111. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $875,000, about 12.5× the local median household income of $70,000.
Carrying it typically needs a household income of about $170,918 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7V)
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