7 FRONT STREET E, Strathroy-Caradoc (NW)

$28/sqft

For rent: Other

Other at 7 FRONT STREET E, Strathroy-Caradoc (NW)
Property type
Commercial Retail
MLS®
MLS® X13752554
Neighbourhood
NW

1,750 Sq Ft of restaurant space available at one of Strathroy's busiest intersections. This high visibility unit comes equipped with a designated kitchen space & dining area, a 15' commercial exhaust fan, a 6' x 8' walk-in cooler, both staff and customer washrooms, and a large room at the rear that may be used for additional storage, office space, or converted to an additional dining area. The unit neighbours Circle K, Tim Hortons, Dollarama and many other prominent businesses. C1 zoning also permits other uses. The unit is being offered at $28/Sq Ft + $10/Sq Ft (TMI). Utilities are to be held in the tenants name.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.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 7 FRONT STREET E