$1,499,000
South Glengarry
6215 165 Avenue, South Glengarry, Ontario, K0C1E0
This retail property in South Glengarry is for sale. It has been on the market 47 days, fresher than the South Glengarry average of 82 days.
Outstanding investment and business opportunity in Bainsville! Set on approximately 3.664 acres and zoned Highway Commercial (CH), this property offers exceptional flexibility for investors, contractors, business owners and developers looking for a property with room to grow.The site includes a 36' x 56' insulated and propane-heated commercial building with 16' ceilings, two 14' electric overhead garage doors, a 200-amp main electrical service and an additional 100-amp sub-panel. The building is ideally suited for equipment, vehicles, workshop use, warehousing, trades or other commercial operations.An approximately 40' x 36' second-level mezzanine provides valuable additional space and offers potential for conversion to an apartment, subject to applicable approvals and requirements.The real value is in the combination of the existing building and approximately 3.664 acres of commercial land. The generous lot provides opportunities for additional structures, outdoor storage, parking, business expansion or future redevelopment. Investors may also wish to explore the potential for a mini-storage facility or other income-producing commercial uses, subject to municipal and zoning approvals.The property currently has no well or septic system.A rare opportunity to secure a sizeable commercial parcel with an existing heated building and substantial future potential in South Glengarry. Ideal for buyers seeking a property they can operate from today while planning for expansion and increased value over time. Buyers to verify permitted uses, zoning, servicing and development possibilities with the municipality. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 47 days on market, against an average age of 82 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 64 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in South Glengarry has been listed for 47 days, which is 35 days fresher than the city average of 82. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,499,000, about 17.8× the local median household income of $84,000.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 249% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0C)
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