$329,900

$339,900For salePrice drop↓ $10,000 (3%)

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142/ 144 Mitton Street, Sarnia - Industrial for Sale

142/ 144 Mitton Street, Sarnia, Ontario, N7T3T7

4,008 sq ft lot sizeListed 97 days ago

Overview

This industrial property in Sarnia is for sale.

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Description

Exceptional investment opportunity in the desirable 5 Corners neighborhood. Zoned GC1, this versatile mixed-use property is currently operating as a triplex AND also features an updated and fully separated commercial kitchen space available for lease. Each of the Three residential units is well cared for and there is onsite parking. The main floor commercial area is well planned for both the functional kitchen, and storefront area. This property offers excellent income potential and flexibility for a variety of uses. Ideally located with close proximity to downtown, shopping, dining, and amenities, this well-cared-for property is perfectly positioned for both residential and commercial appeal. Expand your portfolio and secure a unique multi-use asset in a prime location. Please reach out to listing agent for additional information. (id:66096)

Property Details

MLS®: 26018425
Property Type: Industrial
Business Type: Restaurant, Residential
Zoning: GC1
Lot Size: 4,008 sq ft
Year Built: 1960
Heating: Forced air, Natural gas
Ownership: Freehold
Listed: 97 days ago

Features

Lot Features: Treed, Visual exposure

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

97d

Sarnia listings, avg age

68d

List price

$330K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This industrial in Sarnia is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Coldwell Banker Southwest Realty · JESSE PUMPLE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7T)

This home lists at $329,900, about 5.6× the local median household income of $58,400.

Carrying it typically needs a household income of about $64,441 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $58,400
Population: 26,033
Median age: 44.4
Owner / renter: 51% / 49%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA N7T)

$329,900

For sale

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Financing

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