6215 165 AVENUE, South Glengarry

$1,499,000

For sale: Other

Other at 6215 165 AVENUE, South Glengarry
Property type
Commercial Retail
MLS®
MLS® X13804108
Neighbourhood
724 - South Glengarry (Lancaster) Twp

Outstanding investment and business opportunity in Bainsville! Set on approximately 3.664 acres and zoned Highway Commercial (CH), this property offers exceptional flexibility for investors, contractors, business owners and developers looking for a property with room to grow.The site includes a 36' x 56' insulated and propane-heated commercial building with 16' ceilings, two 14' electric overhead garage doors, a 200-amp main electrical service and an additional 100-amp sub-panel. The building is ideally suited for equipment, vehicles, workshop use, warehousing, trades or other commercial operations.An approximately 40' x 36' second-level mezzanine provides valuable additional space and offers potential for conversion to an apartment, subject to applicable approvals and requirements.The real value is in the combination of the existing building and approximately 3.664 acres of commercial land. The generous lot provides opportunities for additional structures, outdoor storage, parking, business expansion or future redevelopment. Investors may also wish to explore the potential for a mini-storage facility or other income-producing commercial uses, subject to municipal and zoning approvals.The property currently has no well or septic system.A rare opportunity to secure a sizeable commercial parcel with an existing heated building and substantial future potential in South Glengarry. Ideal for buyers seeking a property they can operate from today while planning for expansion and increased value over time. Buyers to verify permitted uses, zoning, servicing and development possibilities with the municipality.

Sold data

Homes in South Glengarry Lancaster Twp — recent sold market

Homes in South Glengarry Lancaster Twp took a median of 52 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 101, across 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.

The median sale price was $484,500.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
53
Median sale price
$484,500
Sale-to-list ratio
96.4%
Sold above asking
6%

Based on 54 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.

Currently for sale

Homes for sale near 6215 165 AVENUE