408 JARVIS STREET, Fort Erie (Central)

$1,200,000

For sale: Other

Other at 408 JARVIS STREET, Fort Erie (Central)
Property type
Industrial
Bedrooms / bathrooms
3 bathrooms
MLS®
MLS® X13562010
Neighbourhood
332 - Central

Excellent commercial opportunity to acquire an 8,900 sq ft industrial/manufacturing building situated on over half an acre in the north end of Bridgeburg, Fort Erie. Offering a functional layout and Industrial zoning that permits a wide variety of uses, this property is well suited for manufacturing, warehousing, fabrication, service trades, distribution, or other industrial operations.The brick building includes approximately 6,090 sq ft of workshop/manufacturing space, complemented by a 30' x 37' raised storage area that maximizes usable floor space. The 12'6 clear height workshop (15'6" to ceiling) is serviced by one oversized ground-level, drive-in bay door and one 16'6"x42' loading dock with ramp (OHD 8'2"x12'), along with multiple man doors providing convenient access throughout the building.The 1,700 sq ft insulated, air-conditioned and light-filled office area features a spacious open work area, kitchen area, two private offices, and two separate entrances, one complete with a reception window for customer or client service. Between the office and production areas are two multi-stall washrooms, providing convenience for both office and shop personnel. There is an additional 2pc bathroom in the workshop area. Recent improvements include a water-tight roof w/20yr warranty (2020) and a new ventilation system that is approximately 90% complete. Additional features include an alarm system, radiant heat in workshop, HVAC in front offices, thermopane windows, insulated compressor room and 3-phase 600V power. Positioned on a prominent corner lot, the property offers generous parking, room to accommodate transport trailers, grassed areas along the south and east sides, and a storage yard located at the northwest corner of the site. Conveniently located on the edge of Downtown Bridgeburg with quick access to major transportation routes, this versatile industrial property presents an outstanding opportunity for owner-occupiers, expanding businesses, or investors.

Sold data

Homes in Fort Erie (Central) — recent sold market

Homes in Fort Erie (Central) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 77, across 183 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 69 days.

The median sale price was $549,000.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 34% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$549,000
Sale-to-list ratio
96.4%
Sold above asking
7%

Based on 183 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Fort Erie (Central)

Fort Erie (Central) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.

Rated schools
5
Elementary
4
Secondary
1
Average rating
6.5 / 10

Top-rated schools in Fort Erie (Central)

  • Garrison Roadelementary, Fort ErieFraser rating 7.8/10
  • St Philomenaelementary, Fort ErieFraser rating 7.3/10
  • General Vanierelementary, Fort ErieFraser rating 6.8/10
  • Greater Fort Eriesecondary, Fort ErieFraser rating 5.5/10
  • Our Lady of Victoryelementary, Fort ErieFraser rating 5.0/10

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

Currently for sale

Homes for sale near 408 JARVIS STREET