1,950 ft²106 × 71 ft (7,498 sq ft) lot sizeListed 41 days ago
Overview
This retail property in Selwyn is for sale offering roughly 1,950 sq ft of space. It has been on the market 41 days, fresher than the Selwyn average of 81 days.
Turnkey Commercial Property with a Sweet Bonus - Fully Equipped Bakery Business Included at No Extra Cost! Approx. 1,900 Sq. Ft. on Two Floors. This is an exceptional opportunity to own a freestanding commercial property with the option to take over a well-established, fully operational bakery business at no additional cost. With the owner retiring, this unique offering is ideal for a baker, entrepreneur, investor, or business owner looking for a turnkey opportunity with excellent flexibility. Situated at a high-visibility, high-traffic intersection, the property offers excellent street frontage, prominent signage and strong pedestrian exposure. The building features an updated retail storefront and customer area, commercial-grade kitchen infrastructure, a walk-in refrigerator and freezer, plus a spacious layout suitable for the existing bakery or adaptable for other retail, culinary, medical or office uses. Approximately 7-10 customer parking spaces and a rear loading area provide added convenience. Choose to continue the bakery and step into an established operation from Day 1. Available business assets include commercial ovens, mixers, prep tables, display cases, refrigeration units and other bakery FF&E, all owned outright. The bakery also benefits from an established local following, strong community recognition and excellent online reviews. The current owner is willing to provide operational training, including recipes, vendor relationships and daily workflows, to help ensure a smooth transition. The bakery business is completely optional. Buyers wishing to introduce their own concept can have the property delivered vacant. A rare opportunity to acquire commercial real estate with an established turnkey business available at zero additional cost. (id:66096)
Property Details
MLS®
X13825424
Property Type
Retail
Business Type
Retail and Wholesale
Zoning
C2-38
Interior Size
1,950 ft²
Lot Size
106 × 71 ft (7,498 sq ft)
Frontage
105 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$3,190.47/yr
Listed
41 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
41d
Selwyn listings, avg age
81d
Price / ft²
$333
List price
$650K
Extended: 41 days on market, against an average age of 81 days across the listings currently for sale in this city
Market timing · days on market0 → 81d avg age of current listings
Extended · day 41
Haho
This retail in Selwyn has been listed for 41 days, which is 40 days fresher than the city average of 81. Act while there is still low competition.
Listed by Century 21 United Realty Inc. · Dave Haacke
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K0L)
This home lists at $649,900, about 8.2× the local median household income of $79,000.
Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.
Median household income
$79,000
Population
78,142
Median age
54
Owner / renter
88% / 12%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA K0L)
$649,900· $333/ft²
For sale
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