330 Wellington Street, Sarnia, Ontario, N7T1H5
$1,390,000
Sarnia
This retail property in Sarnia is for sale offering roughly 27,000 sq ft of space.
Excellent investment property. App 10,000 sft area leased. Remaining 17,000 can be converted into apartments and stores. App 1 acre land fronting on 3 streets. Public parking adjoining the property. Building permit approved and ready to start for creating 12 apartments and commercial spaces. Pre-consultation done for a new building of 36 apartment units in a 6-storey block. Incentives available to business under Mitton Village CIP. Close to downtown. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 132 days on market, against an average age of 68 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 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Sarnia 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 $1,390,000, about 23.8× the local median household income of $58,400.
Carrying it typically needs a household income of about $271,516 (20% down, 25-yr amortization, stress-tested) — roughly 365% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7T)
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