556 JAMES STREET, Norfolk (Delhi)

$599,000

For sale: Other

Other at 556 JAMES STREET, Norfolk (Delhi)
Property type
Commercial Retail
MLS®
MLS® X14094460
Neighbourhood
Delhi

Exceptional opportunity to own a versatile MULTI-USE COMMERCIAL PROPERTY in the heart ofDelhi! Situated on a generous 0.208-acre lot with approximately 80 feet of frontage, thisfreehold property offers an excellent combination of commercial and residential space, makingit ideal for investors, entrepreneurs, and owner-operators. The property features tworesidential living areas with a total of 4 bedrooms and 2 kitchens, including 2 bedroomsupstairs and 2 bedrooms in the fully finished basement. Additionally, approximately 600 sq.ft. of dedicated retail space provides an excellent opportunity to establish a business orgenerate additional rental income. All three units feature separate electrical meters, withfurnaces installed for added convenience and independent utility management. Zoned CS, thismulti-use property offers flexibility for a variety of commercial and residentialopportunities, subject to municipal approvals. Conveniently located near local amenities,shopping, and major routes. Whether you're looking to operate your own business, expand yourreal estate portfolio, or explore multiple income streams, this property offers outstandingpotential. Don't miss this unique investment opportunity in Delhi! Buyers to verify zoning,permitted uses, and legal unit status.

Sold data

Homes in Norfolk (Delhi) — recent sold market

Homes in Norfolk (Delhi) took a median of 43 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 81, across 123 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.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 $579,900.

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
43
Median sale price
$579,900
Sale-to-list ratio
96.7%
Sold above asking
9%

Based on 123 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 556 JAMES STREET