665 VAN BUREN STREET, North Grenville

$1,500,000

For sale: Other

Other at 665 VAN BUREN STREET, North Grenville
Property type
Commercial Retail
MLS®
MLS® X13601862
Neighbourhood
801 - Kemptville

Discover an exceptional commercial and future development opportunity in Kemptville! Situated on 2.12 acres in a C5-h Commercial zone, 665 Van Buren Street presents an exciting opportunity for investors, developers, and entrepreneurs alike. The possibilities for this property are endless, with future development potential that could lend itself to a commercial plaza or single-business use. The property could be ideally suited for a daycare, wellness centre, light industrial use, or any of the diverse options outlined in the attached list of permitted zoning uses. This versatile property is located less than one kilometre from a bustling shopping area containing a Walmart, Starbucks, Canadian Tire, a new hotel currently under construction, and various other popular businesses.In the meantime, the existing property offers excellent income potential, with two separate residential units providing rental opportunities while you plan for future business uses. The main residence includes 4 bedrooms and 2.5 bathrooms, extensively renovated in 2020 with rustic finishes and an open-concept layout. A self-contained one-bedroom granny suite provides an additional rental unit, or a space for operating your business. The property also features a private backyard with an in-ground swimming pool and substantial outdoor space, adding further versatility and appeal. The beauty of the home may just entice you to move in yourself! Whether you envision developing a commercial plaza, operating a business, or simply living on-site, this property offers the flexibility to adapt to your vision. With its generous 2.12-acre footprint, commercial zoning, existing rental income potential, and range of possible future uses, this is a property with countless opportunities in a desirable Kemptville location.

Sold data

Homes in North Grenville — recent sold market

Homes in North Grenville took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 58, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $607,444.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$607,444
Sale-to-list ratio
98.3%
Sold above asking
9%

Based on 80 recorded sales in the last 90 days — 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 665 VAN BUREN STREET