5611 MCGILLIVRAY DRIVE, Lucan Biddulph

$1,499,900

For sale: Other

Other at 5611 MCGILLIVRAY DRIVE, Lucan Biddulph
Property type
Industrial
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13439954
Neighbourhood
Rural Lucan Biddulph

Rare opportunity to own approximately 7,000 sq. ft. of commercial space in a prime location just on the outskirts of Lucan with excellent exposure off Highway 4 (Richmond Street). This versatile property offers ample on-site parking, a storefront/showroom area, and over 4,000 sq. ft. of workshop space with endless possibilities for additional retail, office, or storage use. Featuring two oversized bay doors and updated hydro, this property is well suited for a variety of commercial, industrial, or service-based businesses. With easy access to London, Exeter, and surrounding communities, this high-visibility location offers the space and flexibility to help your business thrive.

Sold data

Homes in Lucan Biddulph — recent sold market

Homes in Lucan Biddulph 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 71, across 88 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $622,250.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$622,250
Sale-to-list ratio
97.8%
Sold above asking
16%

Based on 88 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 5611 MCGILLIVRAY DRIVE