109 7TH CONCESSION ROAD, Norfolk
$499,900
For sale: Other
- Property type
- Industrial
- MLS®
- MLS® X12949950
- Neighbourhood
- Rural Houghton
This remarkable 5,382 square foot warehouse building is ideally situated on approximately 0.90 acres of land, providing ample space for variety of business ventures. With an impressive 24-foot clear height and a single drive-in door, the facility is designed for optimal functionality, allowing for easy access and efficient operations. Located on a quiet road, this property offers a sense of privacy that enhances its appeal. Fully fenced and featuring plenty of parking space, it ensures both security and convenience for employees and visitors alike. The serene surroundings make it an attractive location for businesses looking to operate away from the hustle and bustle, while still maintaining accessibility. The agricultural zoning of this property presents a wealth of opportunities. It is perfectly suited for farm processing, cannabis production and processing, and even winery operations. Additionally, the property allows for the retail sale of farm related products and accessory uses related to farming operations, providing incredible versatility for your business plans. The taxes are estimated and have not been independently verified.
Sold data
Homes in Norfolk — recent sold market
Homes in Norfolk took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 134 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.
The median sale price was $599,950.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
- Median days to sell
- 45
- Median sale price
- $599,950
- Sale-to-list ratio
- 96.7%
- Sold above asking
- 9%
Based on 134 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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