$899,000
Tillsonburg
141-143 Broadway Street, Tillsonburg, Ontario, N4G3P7
This retail property in Tillsonburg is for sale offering roughly 6,300 sq ft of space. It has been on the market 27 days, fresher than the Tillsonburg average of 77 days.
A prime downtown investment awaits at 141-143 Broadway Street, a fully tenanted, mixed-use commercial and residential building in the heart of Tillsonburg. This turnkey property features 4,500 square feet of main-floor commercial space divided into two storefront units, complete with prominent Broadway frontage, rear entrances, designated parking, and functional basements. Both commercial spaces are occupied by established, long-term tenants. Above the retail level sit two spacious, multi-level residential apartments spanning the second and third floors. Each unit offers 3 bedrooms, 1 bathroom, updated kitchens, private front and back entries, and generous footprints of approximately 1,000 and 800 square feet respectively, plus dedicated second-floor storage. Positioned directly backing onto a municipal parking lot, the building ensures seamless accessibility for staff, customers, and tenants alike. A high-yield asset offering steady income and a strategic core location. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 77 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 60 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Tillsonburg has been listed for 27 days, which is 50 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 $899,000, about 12.0× the local median household income of $75,000.
Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 134% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4G)
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