735-769 TOWER STREET, Centre Wellington (Fergus)

$14,500,000

For sale: Other

Other at 735-769 TOWER STREET, Centre Wellington (Fergus)
Property type
Commercial Retail
MLS®
MLS® X13641678
Neighbourhood
Fergus

Commercial Plaza For Sale - High-Visibility Corner Investment Opportunity. Featuring two freestanding buildings with approximately 34,760 sq. ft. of leasable area, this established commercial property offers a diversified tenant mix spanning retail, service, fitness, veterinary and other commercial uses. Strategically positioned at a prominent, high-traffic intersection with excellent visibility, convenient access and ample on-site parking for customers and staff. The multi-tenant configuration provides diversified income across a broad range of businesses, making this a compelling opportunity for investors seeking an established commercial asset with future upside. Owner is currently completing roof updates.

Sold data

Homes in Centre Wellington (Fergus) — recent sold market

Homes in Centre Wellington (Fergus) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 55, across 143 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.

The median sale price was $789,000.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$789,000
Sale-to-list ratio
97.6%
Sold above asking
12%

Based on 143 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 735-769 TOWER STREET