$2,500,000
For sale: Other

WESTWARD HO!! Now is the time to take full advantage of this multifaceted property offering opportunities for both the present and future. This unique waterfront property is highlighted by a total of 6 Units. Just over 7,000 Sq Ft Of Mixed Use Restaurant & Residential. It's comprised of 3 Parcels featuring 2 Buildings with 98 Ft of waterfront + Parking, Dockage & Shoreline Protection. Two Story Building with long-standing Restaurant on the Main Floor & 3 Residential Units on 2nd floor, all featuring lake views. Restaurant licensed For 90 Indoors + 48 Patio. Includes Walk-In Cooler, Gas Range, 2x Deep Fryers, Double Oven, Bar, Coffee Station, Office. Second building Main Floor is currently configured for commercial use. Excellent for office/studio but could be converted to additional residential. Second floor is highlighted by a 1 Bedroom Apartment, both floors with glorious water views. Six Docks And 2 Pavilions Included. Norfolk County Community Improvement Plan Grants also provide plenty of support and opportunity including Building Façade, Landscaping, Signage and Property Improvement, A truly rare and unique offering only 1.5 hrs from London and 2 hrs from Toronto.
Sold data
Homes in Norfolk (Port Rowan) took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 74, across 150 recorded sales.
The median sale price was $599,450.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 150 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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