646 CATHCART BOULEVARD, Sarnia

$2,399,000

For sale: Other

Other at 646 CATHCART BOULEVARD, Sarnia
Property type
Industrial
Year built
Built in 1991
MLS®
MLS® 26008301

PRIME INVESTMENT PROPERTY FOR SALE. GREAT LOCATION ON THE CORNER OF A BUSY INTERSECTION. SHOPPING IN ADJACENT PROPERTIES FEATURES NATIONAL TENANTS SUCH AS STARBUCKS, REXALL, GOODLIFE AND MORE. PROPERTY HAS BEEN PERPETUALLY KEPT IN PRISTINE CONDITION AND HAD MANY UPGRADES INCLUDING NEW AUTOWASH. LOW MAINTENANCE CONSTRUCTION SUCH AS METAL ROOF & METAL CLADDING. INCOME IS DERIVED FROM OIL CHANGE LEASE WITH CORPORATE HEAD OFFICE.(TENANT HAS 2 ADDITIONAL 5 YR OPTIONS). REMAINING INCOME STREAM IS DERIVED FROM A TURN-KEY CARWASH FEATURING 1 AUTOMATED WASH BAY & 4 SELF-WASH BAYS. CONVENIENT DEBIT/CREDIT CARD PAYMENT SYSTEMS. THIS INCOME-PRODUCING PROPERTY IS VERY WELL LAYED OUT TO BE AS EFFICIENT AS POSSIBLE. CAMERAS MAKE IT EASY TO KEEP AN EYE ON THE PROPERTY REMOTELY. FINANCIALS CAN BE SUPPLIED TO QUILIFIED BUYERS. SELLER IS A LICENSED REALTOR IN THE PROVINCE OF ONTARIO.PRICE PLUS HST.

Sold data

Homes in Sarnia — recent sold market

Homes in Sarnia took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 43, across 78 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $409,950.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$409,950
Sale-to-list ratio
96.5%
Sold above asking
6%

Based on 78 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 Sarnia

Sarnia has 23 Fraser Institute–rated schools (19 elementary and 4 secondary), averaging 5.4/10.

Rated schools
23
Elementary
19
Secondary
4
Average rating
5.4 / 10

Top-rated schools in Sarnia

  • King George VIelementaryFraser rating 8.0/10
  • Cathcart BoulevardelementaryFraser rating 7.9/10
  • Les RapideselementaryFraser rating 7.9/10
  • NorthernsecondaryFraser rating 7.3/10
  • St AnneelementaryFraser rating 7.3/10
  • LakeroadelementaryFraser rating 7.0/10

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

Currently for sale

Homes for sale near 646 CATHCART BOULEVARD