157 MAIN STREET, Norfolk (Delhi)

$599,900

For sale: Other

Other at 157 MAIN STREET, Norfolk (Delhi)
Property type
Commercial Retail
MLS®
MLS® X13474732
Neighbourhood
Delhi

Great opportunity to own a mixed used commercial property in Delhi's downtown core. Many permitted uses available with the CBD zoning. Main floor commercial space (2,000 sf) is currently set up for a restaurant/café and features an open concept layout with a kitchen and washroom. Upstairs are two residential apartments, one a 2-bedroom, 1 bath and the other is a one bedroom, 1 bath unit, both tenanted. Out back is a five-unit storage facility which great passive income. This property presents a fantastic opportunity to start/relocate your business or expand your investment portfolio in this popular farming community in Norfolk. Being sold with vacant commercial possession so you are free to fill it as you see fit. Book your private viewing today. *Residential units photos withheld for to respect the tenants request for privacy.

Sold data

Homes in Delhi — recent sold market

Homes in Delhi took a median of 34 days to sell over the last 730 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 69, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $524,999.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$524,999
Sale-to-list ratio
97.7%
Sold above asking
14%

Based on 37 recorded sales in the last 2 years — 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 157 MAIN STREET