157 MCRAE STREET, Southwest Middlesex (Glencoe)

$125,000

For sale: Other

Other at 157 MCRAE STREET, Southwest Middlesex (Glencoe)
Property type
Sale Of Business
MLS®
MLS® X13730128
Neighbourhood
Glencoe

Take advantage of this rare opportunity to own a well-established and highly profitable foodtrailer business in the heart of Glencoe, Ontario. Ideally located next to a busy train station and surrounded by local businesses, schools, and industrial traffic, this location offers consistent foot traffic and strong repeat customer potential.The operation includes a 34' custom-built food trailer (approx. 2016), fully equipped and designed for efficient, high-volume service, along with a 14' Action enclosed trailer (2024)currently used for additional freezer and refrigeration storage-adding valuable capacity and flexibility. This business is currently run seasonally from April to October, offering a diverse and popular Canadian, Greek, and Italian menu. All inspections and licenses are current and in goodstanding, making this a true turnkey opportunity. A significant portion of the equipment has been recently updated, reducing the need for immediate investment (detailed list available).The lease offers excellent value with approximately 5 years remaining, and includes hydro,water, and on-site portable washroom facilities-keeping overhead predictable and manageable. With a strong customer base, proven track record, and excellent location, this is a very lucrative business with the potential to recoup your investment quickly for an ambitious owner-operator. The current owners are willing to provide training to ensure a smooth transition and continued success. Offering both takeout and on-site dining options, this setup is perfectly positioned for continued success and future growth. Don't miss your chance to step into a thriving food business with everything in place to succeed! THIS SALE IS BUSINESS and TRAILERS ONLY, WITH THE OPTION TO KEEP THIS LOCATION.

Sold data

Homes in Glencoe — recent sold market

Homes in Glencoe took a median of 37 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 73, across 47 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $474,900.

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

About 15% of sales closed above the list price.

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

Median days to sell
37
Median sale price
$474,900
Sale-to-list ratio
97.1%
Sold above asking
15%

Based on 47 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 157 MCRAE STREET