150 MAIN STREET, Erin

$649,000

For sale: Other

Other at 150 MAIN STREET, Erin
Property type
Investment
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X14102548
Neighbourhood
Erin

In the Downtown Core of the growing Village of Erin, this vacant, well-maintained commercial property is an excellent opportunity for a savvy entrepreneur, business owner or investor. The flexible layout suits a range of client-facing and service-based businesses. Large windows fill the space with natural light, creating a bright, welcoming setting for clients and staff. Three private offices offer room for consultations, focused work and daily operations. Independent practitioners can meet with clients privately while managing their business on site. The adaptable kitchenette / lunchroom area includes numerous lockable cupboards, offering useful storage and flexibility for business operations. Wheelchair ramp access supports easier entry for clients, customers and staff. A rear door opens to the large, private fenced yard, which is also accessible through a side gate. The outdoor space may benefit a daycare or another business that uses outdoor programming or services. Potential uses include a medical clinic, cosmetic or aesthetic services, counselling or therapy practice, financial or accounting services, architectural or other professional offices, personal services, retail, studios, specialty services, daycare or cannabis retail. Additional uses may be permitted under Commercial Core (C1) zoning. Municipal sewer is being constructed now. This very attractive and updated building is ideal for launching a new venture, relocating an established practice or seeking a commercial property for an investment portfolio. The adaptable floor plan offers useful features for business operations and client services. All uses require applicable licensing and Town approvals. The property has many updates, including the stylish flooring, windows, roof and forced-air furnace. Buyer to verify suitability for their intended use and confirm any required approvals. Existing Survey on file.

Sold data

Homes in Erin — recent sold market

Homes in Erin took a median of 44 days to sell over the last 90 days, with the quickest quarter selling within 28 days and the slowest quarter taking more than 72, across 56 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 96 days.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 $949,950.

Homes sold for about 4.4% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$949,950
Sale-to-list ratio
95.6%
Sold above asking
4%

Based on 56 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.

Schools

Schools in Erin

Erin has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 7.2/10.

Rated schools
3
Elementary
2
Secondary
1
Average rating
7.2 / 10

Top-rated schools in Erin

  • Erin — secondaryFraser rating 8.3/10
  • Brisbane — elementaryFraser rating 7.9/10
  • St John Brebeuf — elementaryFraser rating 5.5/10

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

Currently for sale

Homes for sale near 150 MAIN STREET