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$1,599,000
Thorold
230 Hwy 20 East, Thorold (Hurricane/Merrittville), Ontario, L0S1E6
This retail property in Thorold is for sale offering roughly 861 sq ft of space. It has been on the market 51 days, fresher than the Thorold average of 70 days.
Presenting a premier commercial property opportunity located directly on Highway 20 in Fonthill, offering exceptional exposure, flexibility, and long-term upside. Set on an expansive 6-acre parcel with approximately 385 feet of frontage along Highway 20 and high daily traffic visibility, this property provides outstanding accessibility with ample parking for approximately 100 vehicles, plus a secondary rear entrance from Hurricane Road. Successfully operated as a garden centre for the past 20 years, the site offers a wide range of potential future commercial uses, with additional space for future development or expanded operations. The well-constructed 861 sq. ft. retail building features a concrete floor, steel roof, gas furnace heater, on-demand water heater, spray foam insulation, and a 2-piece bathroom, while six greenhouse structures and a quonset building provide excellent additional space for growing, storage, equipment, or operational needs. Equipped with an existing septic system, natural gas, and municipal water, the property is further enhanced by 7,500 kilowatt solar panels on the retail building under an active contract to sell generated electricity to Ontario Hydro, producing approximately $4,000 in annual revenue. A rare opportunity to secure a high-exposure commercial asset with established infrastructure, income generation, and significant future potential in a growing Fonthill location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 70 days across the listings currently for sale in this city
This retail in Thorold (Hurricane/Merrittville) has been listed for 51 days, which is 19 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,599,000, about 16.8× the local median household income of $95,000.
Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 229% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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