201 MAIN STREET, Norfolk (Port Dover)

$1,499,000

For sale: Other

Other at 201 MAIN STREET, Norfolk (Port Dover)
Property type
Commercial Retail
Bedrooms / bathrooms
5 bathrooms
MLS®
MLS® X13530490
Neighbourhood
Port Dover

*This UNIQUE brick mixed-use property is for SALE Under Power of Sale As is and Where is Basis*5,055SF footprint fully equipped restaurant with 3,285F three beautifully renovated apartments above, offer strong potential rental income, combining modern comfort with historic charm.*A great investment opportunity awaits you in this well kept century home/business located in downtown of Port Dover which is just a short walk to the sandy beach and all of Port Dover's downtown amenities, pier, Lynn Valley Trail, fishing and canoeing on Lynn river*Previously being used as a Bar/Restaurant business*The list of permitted uses is Attached*This property is zoned a CBD Central Business District (attached)*A partial lake view from second floor* PREDOMINANT EXPOSURE-EAST, REAR ACCESS-LANE, FREE ON STREET, CORNER LOT, ZONED FOR COMMERCIAL USE* NDA Required to review all financials and business-related Documents* TRAFFIC PATTERN-EXTREMELY HEAVY*Under Power of SALE on "As is & Where is Basis" buyers should verify all information independently, and avoid any wording that may overstate condition*

Sold data

Homes in Norfolk (Port Dover) — recent sold market

Homes in Norfolk (Port Dover) 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 138 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $612,500.

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 33% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$612,500
Sale-to-list ratio
96.7%
Sold above asking
9%

Based on 138 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 201 MAIN STREET