$699,000
Severn
12824 COUNTY ROAD 16, Severn, Ontario, L0K2C0
This retail property in Severn is for sale offering roughly 488 sq ft of space. It has been on the market 40 days, fresher than the Severn average of 89 days.
UNIQUE COMMERCIAL & RESIDENTIAL ACREAGE HIGH EXPOSURE & LIMITLESS POTENTIAL! Opportunity is knocking louder than ever! This one-of-a-kind property combines 66 feet of coveted commercial frontage on County Rd 16 (a continuation of Hwy 12 between Coldwater & Waubaushene) with 41+ acres of treed rural land offering a natural setting with glimpses of Matchedash Bay, and backing onto 959 feet of Hwy 400.The front 0.48-acre commercial lot includes a single-level building ready for revitalization. With steady traffic flow and excellent visibility, this is the perfect spot to launch or expand your business. Neighbouring a busy flower & food shop, you'll benefit from an established draw for local shoppers and travelers alike. Beyond the commercial frontage, the property unfolds into a private 41.26-acre rural-zoned retreat, rich with natural features and outdoor potential. Here you'll discover a natural spring and two large fish ponds, adding beauty, serenity, and possibilities for hobby farming, recreation, or simply enjoying the peace of the countryside. Towering trees and expansive acreage create the perfect canvas for your vision whether that's a weekend escape, a nature lovers paradise, or a long-term investment in land. Situated just steps from the Trans Canada Trail and minutes from the shores of Georgian Bay, this location is a haven for outdoor enthusiasts. Enjoy year-round activities from boating and fishing to snowmobiling, hiking, and beach days. Plus, you're only a short drive to Barrie, Orillia, and Midland, offering easy access to amenities, hospitals, shopping, and dining. Offering both prime commercial exposure and natural rural beauty, this property is ideal for the entrepreneur, investor, or visionary ready to create something truly remarkable in a high-traffic yet scenic corridor. Seize this rare chance where business and lifestyle perfectly meet! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 days on market, against an average age of 89 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Severn has been listed for 40 days, which is 49 days fresher than the city average of 89. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 7.9× the local median household income of $88,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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