314/316 RAGLAN STREET S, Renfrew

$749,000

For sale: Other

Other at 314/316 RAGLAN STREET S, Renfrew
Property type
Commercial Retail
MLS®
MLS® X13013968
Neighbourhood
540 - Renfrew

Prime Commercial investment opportunity in the heart of downtown Renfrew! Retail or office with residential unit(s) above or behind. This impressive property boasts one-story commercial building with retail or office and three residential unit(s). One unit on the main floor and two units above. The restaurant was a fully-operational commercial kitchen and bar with outdoor patio area approx. 1,200 sqft. Parking available: 4 spaces owned and many more shared parking as well as street parking available. Located in older downtown core. Two apartments already rented at approx. $3200/M. Owner lives in the 3rd apartment which can be rented easily at approx $ 2400/M. The building is a great opportunity as an investment with the potential for multiple tenants or for an owner who would occupy. If you are someone looking to set up their business like Retail, Pharmacy, Medical Clinic, restaurant, coffee shop for long term success with the opportunity to expand, this could be for you... Pictures show old restaurant/bar but it is empty now (Displayed to show potential similar business on site).

Sold data

Homes in Renfrew — recent sold market

Homes in Renfrew took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 94 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $412,450.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$412,450
Sale-to-list ratio
97.1%
Sold above asking
17%

Based on 94 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Renfrew

Renfrew has 6 Fraser Institute–rated schools (4 elementary and 2 secondary), averaging 6.5/10.

Rated schools
6
Elementary
4
Secondary
2
Average rating
6.5 / 10

Top-rated schools in Renfrew

  • Central — elementaryFraser rating 7.4/10
  • Our Lady of Fatima — elementaryFraser rating 7.3/10
  • St. Joseph's — secondaryFraser rating 7.3/10
  • St Thomas the Apostle — elementaryFraser rating 7.2/10
  • Renfrew — secondaryFraser rating 5.7/10
  • Queen Elizabeth — elementaryFraser rating 4.1/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 314/316 RAGLAN STREET S