$1,188,000
For sale: Other

Unique COMMERCIAL That Brings Income From Day One! 2.5 Acre Lot With 2 Private Entrances From The HWY 11 - Rare Dual-Zoned Opportunity At One Of Simcoe County's Most Strategic And High-Visibility Intersections. Corner Of Coopers Falls Road And Highway 11, Combines Highway Commercial (C4) Zoning With Residential Zoning Creating Unmatched Flexibility For Investors, Owner-Operators, And Developers Seeking A Versatile And Income-Generating Asset In A Premier Highway Corridor Location With Easy In-And-Out Access.The Property Is Fully Operational And Cash-Flowing From Day One, Generating Rental Income! Big Bonus Fully Renovated 3-Bedroom, 2-Bathroom Detached Home, Can Be Occupied By Owner Or Rented For Extra Income. Whether You Are An Investor Seeking Immediate Returns Or An Owner-Operator Ready To Hit The Ground Running, The Financial Foundation Is Already Firmly In Place.The Commercial Infrastructure Features 2,500 Square Feet Of Industrial And Workshop Space With A 13.5ft Clear Height, A Double Detached Garage, Electric Forced Air Heating, And Well And Septic Services. The Irregular Lot Measures Approximately 417.61 X 260 Feet, Offering Generous Outdoor Storage And Excellent Expansion Potential. Existing Permitted Uses Include A Mechanic Shop With Accessory Motor Vehicle Sales And Outdoor Storage A Truly Turnkey Operation Ready To Scale.Highway Commercial C4 Zoning Supports A Wide Range Of High-Demand Uses Including Auto Dealership, Motor Vehicle Service Centre, Car Wash, Gas Station, Convenience Store, Drive-Through Business, Hotel Or Motel, Garden Centre, Marine Sales And Equipment, Material Supply Yard, Outdoor Display And Sales, Restaurant With Drive-Through Take-Out, And So Much More.The Residential Zoning Component Adds Further Long-Term Flexibility For Developers Considering Future Repositioning Or Mixed-Use Development.Strong Highway Exposure. Easy Accessibility. Flexible Possession. Immediate Income.This Is The Rare Combination Of Location, Infrastructure.
Sold data
Homes in Rural Severn took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $779,450.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 40 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.
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