This retail property in Woodstock is for sale offering roughly 3,488 sq ft of space. It has been on the market 16 days, fresher than the Woodstock average of 49 days.
Beautifully Renovated Commercial Building in Central C5 Commercial Zone available for sale! An excellent opportunity to lease a spacious 3,487.50 sq. ft. main-floor commercial unit featuring a versatile layout suitable for a variety of business uses. The unit offers multiple private offices, a reception area, a common workspace, a meeting room, a filing room, a rough-in for a kitchenette, two bathrooms, and two staircases leading to 5 city-approved legal indoor parking spaces. An additional 5-10 parking spaces may be available for rent at very reasonable rates from the neighboring property, subject to availability and confirmation of the arrangement. Over $300,000 has been invested in renovations and improvements. The five legal indoor parking spaces feature two HRVs, a carbon monoxide sensor, an automatic door opener, and a separate heating furnace. Additional upgrades include a new flat roof with warranty, a new furnace, a new garage door, updated flooring, fresh paint, and more. The property also features convenient walk-out access to the rear alley. The current C5 zoning permits a wide range of potential uses, including a doctors' office with pharmacy, medical clinic, appliance sales and service shop, artist studio, assembly hall, automobile service station, bake shop, bank or financial institution, bar or nightclub, brewers' retail outlet, business or professional office, catalogue store, commercial club, commercial school, convenience store, customer contact center, department store, drug store, dry-cleaning distribution station, dry-cleaning establishment, eating establishment, finance office, florist shop, fraternal lodge or association, furniture store, and laundry shop, among other uses permitted under the applicable zoning. (id:66096)
Property Details
MLS®
X14102448
Property Type
Retail
Zoning
C5 Central Commercial
Bathrooms
2
Parking
5
Interior Size
3,488 ft²
Frontage
45 ft
Building Area
3,488 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$8,155/yr
Listed
16 days ago
Features
Appliances
Water Heater
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
16d
Woodstock (Woodstock - North) listings, avg age
49d
Price / ft²
$139
List price
$485K
Active: 16 days on market, against an average age of 49 days across the listings currently for sale in this city
Market timing · days on market0 → 49d avg age of current listings
Active · day 16
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This retail in Woodstock (Woodstock - North) has been listed for 16 days, which is 33 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N4S)
This home lists at $485,000, about 6.2× the local median household income of $78,000.
Carrying it typically needs a household income of about $94,737 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.
Median household income
$78,000
Population
33,055
Median age
42.8
Owner / renter
66% / 34%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA N4S)
$485,000· $139/ft²
For sale
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