72 GEORGE STREET, Lanark Highlands

$349,000

For sale: Other

Other at 72 GEORGE STREET, Lanark Highlands
Property type
Store W Apt/Office
MLS®
MLS® X13040932
Neighbourhood
919 - Lanark Highlands (Lanark Village)

Located in the heart of Lanark, this mixed-use property offers a versatile opportunity for investors, entrepreneurs, or those looking to live and work in one location. The ground level features a commercial space operating as a pizza shop, offering excellent visibility and potential for a variety of permitted uses, while the upper level includes a self-contained 2-bedroom apartment ideal for rental income or owner occupancy. Positioned within the community core and surrounded by local amenities and steady foot traffic, this property presents a unique chance to reimagine the space to suit your needs. A flexible investment with both residential and commercial components in a growing small-town setting. Amazing location with no competition.

Sold data

Homes in Lanark Highlands — recent sold market

Homes in Lanark Highlands took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 81, across 97 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $429,000.

Homes sold for about 4.7% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$429,000
Sale-to-list ratio
95.3%
Sold above asking
8%

Based on 97 recorded sales in the last 1 year — 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 72 GEORGE STREET