62 ALBERT STREET, Strathroy-Caradoc (NW)

$897,000

For sale: Other

Other at 62 ALBERT STREET, Strathroy-Caradoc (NW)
Property type
Industrial
MLS®
MLS® X13765484
Neighbourhood
NW

A unique opportunity in Downtown Strathroy, this 0.59-acre property with approximately 12,000 sq. ft. of production space offers excellent potential as a flour mill, grain mill, or brewery. The site includes a mill with a capacity of roughly 100 tons of flour per day, four silos (1,350 tons each), six transitional silos, and two large storage/warehouse buildings leased from CN Railway. The sale includes the real estate and existing flour mill equipment, with brewery equipment available for purchase separately, allowing buyers the flexibility to revive milling operations, expand into brewing or distilling, or adapt the facility to suit their business vision.

Sold data

Homes in Nw — recent sold market

Homes in Nw took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 65, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $519,000.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$519,000
Sale-to-list ratio
97.7%
Sold above asking
13%

Based on 39 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 62 ALBERT STREET