232 FRONT STREET, Belleville (Belleville Ward)

$1,750,000

For sale: Other

Other at 232 FRONT STREET, Belleville (Belleville Ward)
Property type
Commercial Retail
MLS®
MLS® X13071214
Neighbourhood
Belleville Ward

MOTIVATED SELLER! End Users and Developers: With its historic architecture and modern upgrades, this property is ready to shape the next chapter of Downtown Belleville. With an impressive 52' frontage, this building has exceptional exposure and street presence, a rare opportunity in the heart of downtown. With 18,805 square feet of versatile mixed-use space across 3 levels. it backs directly onto the Moira River, the River Walk Trail, and public parking. This makes it an ideal setting for a much-needed grocery market catering to the growing residential base in the area, a restaurant/wine bar that maximizes its patio potential and historic charm, a boutique hotel, café, food hall, or an incredible event space. The main floor features ~13' ceilings, refurbished limestone, a stone archway, and exposed brick walls. The recessed front entrance with its new NanaWall (bi-fold doors) opens onto a covered patio, perfect for a high-end restaurant/bar, market, or flagship retail venue. The second floor stuns with 24' ceilings and six towering 13' arched windows that flood the space with natural light. Whether used as a cocktail lounge, restaurant, event venue, studio, gallery, or converted into loft-style residences or offices, the possibilities are as expansive as the ceilings themselves. The basement has 7' ceilings and a more intimate feel, ideal for a speakeasy, wellness studios, offices, or an extension of the main floor. Whether you're an investor, restaurateur, hotelier, or visionary developer, this iconic property in the heart of downtown Belleville offers a design-ready canvas to create a landmark destination in one of Ontario's fastest-evolving downtown cores. *Opportunity for an assembly with neighbouring property*

Sold data

Homes in Belleville (Belleville Ward) — recent sold market

Homes in Belleville (Belleville Ward) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 60, across 210 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.

The median sale price was $520,450.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$520,450
Sale-to-list ratio
97.4%
Sold above asking
9%

Based on 210 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Belleville (Belleville Ward)

Belleville (Belleville Ward) has 19 Fraser Institute–rated schools (14 elementary and 5 secondary), averaging 5.2/10.

Rated schools
19
Elementary
14
Secondary
5
Average rating
5.2 / 10

Top-rated schools in Belleville (Belleville Ward)

  • St Joseph — elementary, BellevilleFraser rating 7.9/10
  • Sir John A Macdonald — elementary, BellevilleFraser rating 7.5/10
  • St. Theresa — secondary, BellevilleFraser rating 6.7/10
  • Nicholson — secondary, BellevilleFraser rating 6.6/10
  • Massassaga-Rednersville — elementary, BellevilleFraser rating 6.5/10
  • Harry J Clarke — elementary, BellevilleFraser rating 6.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 232 FRONT STREET