313 Scotia Street, Terrace Bay - Retail for Sale
313 Scotia Street, Terrace Bay, Ontario, P0T2W0
2,146 ft²2,146 sq ft lot sizeListed Today
$105,000
Terrace Bay
313 Scotia Street, Terrace Bay, Ontario, P0T2W0
$105,000
Terrace Bay
This retail property in Terrace Bay is for sale offering roughly 2,146 sq ft of space. It has been on the market 0 days, fresher than the Terrace Bay average of 256 days.
Great Downtown Investment Opportunity! This commercial building offers excellent visibility in the downtown business district, surrounded by established retail and service businesses and conveniently located close to the post office. The main level features a storefront with great potential for a variety of business uses. Upstairs is a residential apartment with its own separate entrance, providing the opportunity for additional rental income or owner accommodation. Back lane access adds extra convenience for deliveries, parking or access to the property. A versatile property offering both commercial and residential potential in a central location. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 256 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 90 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 90.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Terrace Bay has been listed for 0 days, which is 256 days fresher than the city average of 256. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $105,000, about 1.4× the local median household income of $77,000.
Carrying it typically needs a household income of about $20,510 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
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