14110 BEMONT ROAD E, Central Elgin (Belmont)

$1,299,900

For sale: Other

Other at 14110 BEMONT ROAD E, Central Elgin (Belmont)
Property type
Commercial Retail
MLS®
MLS® X13025924
Neighbourhood
Belmont

Prime Retail/Office/Commercial/Residential Mixed-Use Building in BELMONT ON. Excellent Investment Opportunity. Located directly on the corner of Union St. & Belmont Rd. Free standing building. Two Storeys plus attached lower level. Total Building: Approx. 4,300 Square Feet .Great location, friendly neighborhood, good investment property with retail store leased and operated as a convenience store for more than 30 years (leased 5 yrs + options 2X 5yrs) and 2 residential units both are 2- bedroom residential suite with seperate entrance, seperate electric meters. And 1 office(landlord use for now) or retail use for Nail shop or Cellphone Repair shop etc. The building has been renovated with new shingle (2015.Uper Building) metal roof(2024 Lower), outside stone /siding work(2024), All each unit have a separate entrance and multiple parking space. All in One Place! Discover this unique Mixed Use Property! This versatile multi-use building offers exceptional potential for both commercial and residential ventures. Situated in a prime location around London ON. Investor's Delight and entrepreneurial ventures.Do not go direct to the building. Please allow 24 hours for viewings! Tenant occupied!

Sold data

Homes in Central Elgin (Belmont) — recent sold market

Homes in Central Elgin (Belmont) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 70, across 60 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 96 days.

The median sale price was $616,680.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

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

Median days to sell
35
Median sale price
$616,680
Sale-to-list ratio
97.9%
Sold above asking
10%

Based on 60 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 14110 BEMONT ROAD E