$299,999
For sale: Other

Visit the REALTOR website for further information about this Listing. A rare opportunity to own a downtown commercial property in the heart of Parry Sound. Whether you're an entrepreneur looking for an affordable location for your own business, an investor looking for a downtown commercial property, or someone looking for a property with future redevelopment possibilities, 54 James Street offers exceptional flexibility. Located on James Street in downtown Parry Sound, this approximately 1,064 sq. ft. two-storey building with a basement sits on a compact 14' 73' lot and is zoned C1 General Commercial. The building offers two full above-grade levels plus a basement, with a bathroom on both the main level and upper level, providing practical flexibility for a variety of potential commercial uses. Flexible C1 zoning,The C1 General Commercial zoning permits a broad range of commercial uses, giving a future owner numerous possibilities for the property. Potential permitted uses include: Retail & Business Retail store Professional or business office Personal service establishment Service shop Financial institution Wholesale/retail establishment Food & Hospitality Restaurant Bakery Hotel Lodging/tourist accommodation Professional & Service Clinic Veterinary clinic Commercial school or training facility Art gallery Printing establishment Dry cleaning establishment Laundromat Custom workshop Equipment rental Entertainment & Recreation Entertainment establishment Place of amusement Recreational uses Automotive & Marine Automotive sales Auto repair/service Car wash Motor vehicle rental Marine-related retail Recreational vehicle sales/storage/repair Other commercial opportunities Building supply Garden/nursery centre Storage/mini-warehouse Parking-related uses And other uses permitted under the C1 zone. The C1 zoning also recognizes residential uses, including a converted dwelling, as permitted uses.
Sold data
Homes in Parry Sound took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 76, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $426,950.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 40% of sellers reduced their price before finding a buyer.
Based on 30 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.
Schools
Parry Sound has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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