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$1,599,000
Wainfleet
11178 #3 Highway, Wainfleet (Marshville/Winger), Ontario, L3K5V4
This retail property in Wainfleet is for sale offering roughly 4,000 sq ft of space.
Exceptional 8-acre commercial/residential opportunity on Highway 3! Prime corner property offering outstanding exposure with approximately 1,237 ft. of frontage and 300 ft. of depth along busy Highway 3.This unique property presents endless possibilities for investors, entrepreneurs, and owner-users alike. The property features approximately 1,500 sq. ft. of commercial space, ideal for a restaurant, café, retail store, garden center, farmers' market, greenhouse, office, specialty shop, or many other permitted uses. Above the commercial space are two residential units, with one currently rented month-to-month and one vacant, providing flexibility for owner occupancy or additional rental income. The commercial space is also leased on a month-to-month basis, offering immediate income with future occupancy options. Set on 8 scenic acres, the property includes a charming pond, adding character and potential for agritourism or destination-style businesses. The expansive lot offers ample parking, excellent accessibility, and exceptional visibility in a high-traffic location. Whether you're looking to expand your investment portfolio, establish your own business, or secure a property with multiple income streams and future growth potential, this rare offering delivers outstanding value and versatility. A unique opportunity to own a highly visible mixed-use property with commercial, residential, and land value all in one. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 113 days on market, against an average age of 91 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 62 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 93.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Wainfleet (Marshville/Winger) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,599,000, about 22.8× the local median household income of $70,000.
Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 346% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3K)
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