$999,000
Springwater
7 Queen Street West, Springwater (Elmvale), Ontario, L0L1P0
This retail property in Springwater is for sale offering roughly 2,174 sq ft of space. It has been on the market 21 days, fresher than the Springwater average of 77 days.
NEW PRICE**PRIME COMMERCIAL / RETAIL OPPORTUNITY IN THE CENTRE OF ELMVALE!** Exceptional renovated commercial building prominently situated on a busy, highly visible corner with excellent frontage, outstanding signage exposure and **commercial zoning**. Originally built in 1963 and substantially renovated, this unique property offers an institutional-grade building with **approximately 19' ceiling height**, large front and side windows, and an abundance of bright natural light. Previously operated as a national bank and recently as a daycare centre, the property offers an adaptable layout with potential for a variety of retail, professional, office, service, institutional or other commercial uses, subject to zoning and approvals. Features include a wheelchair-accessible ramp, automatic entry doors, men's and women's washrooms, kitchenette, built-in vault and a **basement providing valuable additional storage space**.**6+ private surface parking spaces at the rear** add significant convenience for customers, staff and clients. The prominent corner location provides excellent visibility and exposure in the centre of Elmvale, surrounded by established businesses and popular amenities including Foodland, LCBO, McDonald's, Tim Hortons, Subway, Circle K and more. Conveniently located approximately **20 minutes to Barrie, 15 minutes to Wasaga Beach and 20 minutes to Midland**, this is a rare opportunity to acquire a highly visible commercial property offering exceptional flexibility, accessibility, parking and future potential. **Ideal for an owner-user, investor, retailer, professional practice, service business or operator seeking a prominent commercial location in a growing community.** (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 77 days across the listings currently for sale in this city
This retail in Springwater (Elmvale) has been listed for 21 days, which is 56 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,000, about 9.4× the local median household income of $106,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0L)
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