310 Highway 124 Highway, South River - Retail for Sale
310 Highway 124 Highway, South River, Ontario, P0H1Z0
5,142 ft²Listed 131 days ago
$489,000
South River
310 Highway 124 Highway, South River, Ontario, P0H1Z0
$489,000
South River
This retail property in South River is for sale offering roughly 5,142 sq ft of space.
Exceptional commercial opportunity in the heart of South River. Situated on a high-visibility corner with excellent frontage and ample parking, this versatile commercial property offers outstanding exposure and easy access for customers, staff, and deliveries. The building features a spacious retail showroom, a large warehouse area complete with a loading dock, and a separate entrance leading to an additional section that would make an ideal office suite, flex space, showroom expansion, or additional commercial use. Designed to accommodate a variety of business operations, the property's functional layout lends itself to retail, wholesale, distribution, service-based businesses, storage, or light industrial uses, subject to municipal approvals. The loading dock and warehouse provide efficient logistics, while the flexible front and secondary entrance areas create possibilities for customer-facing or administrative space. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 131 days on market, against an average age of 60 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 92.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
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Approximate location — exact address confirmed upon showing
This home lists at $489,000, about 6.1× the local median household income of $80,000.
Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 19% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0H)
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