$2,099,980
For sale: Other

Exceptional exposure and versatility define this approximately half-acre property, commerciallyzoned SC2-10 (Geowarehouse), ideally situated along high-traffic Highway 7. Recently paved andfully fenced, the property offers a wide range of potential commercial uses subject toapplicable approvals and zoning regulations.The site is currently improved with an establishedautomotive dealership and repair/service facility featuring three drive-in service bays and twovehicle lifts. In addition, the property includes a fully renovated 2-bedroom residentialdwelling with separate kitchen and living areas, complete with existing chattels. The residencemay be suitable for owner-occupier use or additional income potential, subject to municipalrequirements.Attached to the residential component are three private office spaces and three washrooms,providing added functionality for administrative or professional operations. The property alsooffers ample on-site parking for approximately 70 vehicles.Investor Opportunity: Seller advisesthat a prospective tenant is prepared to lease the entire property for $14,000 per month,presenting potential immediate income opportunities. Tenant arrangements to be independentlyverified by Buyer.A rare opportunity offering strong visibility, flexible zoning potential, andincome-generating possibilities in a high-exposure location. SALE OF BUSINESS can be availableon additional amount.
Sold data
Homes in Guelph (Grange Road) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 55, across 403 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $749,900.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 403 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Guelph (Grange Road) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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