20620 HIGHWAY 11, King

$7,200/mo

For rent: Other

Other at 20620 HIGHWAY 11, King
Property type
Commercial Retail
MLS®
MLS® N13821564
Neighbourhood
Rural King

Rare Highway 11 commercial land lease opportunity offering approximately 0.92 acre of highly visible, predominantly open yard space with excellent exposure and convenient access to Bradford, Newmarket and the surrounding King/East Gwillimbury area. The property is improved with hydro, water and internet service, extensive outdoor space, existing electrical infrastructure and a small on-site structure suitable for ancillary utility, security or administrative purposes. An excellent opportunity for a business requiring significant outdoor display, parking or operational space. Preferred uses include automobile, commercial vehicle, trailer, farm equipment or equipment sales/display and related operations, with other commercial, agriculture-related, building/equipment supply and compatible uses also considered, subject to zoning and all applicable governmental approvals. Flexible lease terms available. Longer-term arrangements and tenant-specific site improvements may be considered for suitable users, subject to Landlord approval and applicable regulatory requirements. An opportunity for the right operator to establish a long-term presence along the evolving Highway 11 commercial corridor while customizing the property to suit its business requirements.

Sold data

Homes in King — recent sold market

Homes in King took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 68, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 100 days.

The median sale price was $1,883,944.

Homes sold for about 4.6% below asking on average, so there was room to negotiate.

About 18% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$1,883,944
Sale-to-list ratio
95.4%
Sold above asking
18%

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.

Currently for sale

Homes for sale near 20620 HIGHWAY 11