506 DUNDAS STREET, Woodstock (Woodstock - North)

$495,000

For sale: Other

Other at 506 DUNDAS STREET, Woodstock (Woodstock - North)
Property type
Commercial Retail
MLS®
MLS® X13736272
Neighbourhood
Woodstock - North

Excellent opportunity in a prime Downtown Woodstock location! Solid commercial building with full basement, presently operating as Nico's Bar & Grill, licensed for 140. The existing bar/nightclub operation with pool tables can be continued or rebranded with a new concept, while the property also offers potential for a variety of other commercial uses including retail, office or your own business venture. The full basement provides additional usable space and is currently utilized as a pool room. Property may be purchased with or without the existing Nico's Bar & Grill business. The neighbouring property and Dino's Dining Lounge business at 510 Dundas Street, under the same ownership, are also available separately, providing an opportunity to acquire one or both locations. Excellent Downtown exposure in the heart of Woodstock with numerous possibilities for an owner/operator, investor or entrepreneur. Owner is flexible on closing, terms and negotiations..

Sold data

Homes in Woodstock North — recent sold market

Homes in Woodstock North took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 62, across 93 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $599,900.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$599,900
Sale-to-list ratio
97.0%
Sold above asking
10%

Based on 93 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.

Schools

Schools in Woodstock (Woodstock - North)

Woodstock (Woodstock - North) has 19 Fraser Institute–rated schools (14 elementary and 5 secondary), averaging 4.8/10.

Rated schools
19
Elementary
14
Secondary
5
Average rating
4.8 / 10

Top-rated schools in Woodstock (Woodstock - North)

  • Roch Carrier F.I. PS — elementary, WoodstockFraser rating 7.3/10
  • Oliver Stephens — elementary, WoodstockFraser rating 6.2/10
  • Sainte-Marguerite-Bourgeoys — elementary, WoodstockFraser rating 6.1/10
  • St Patrick's — elementary, WoodstockFraser rating 6.0/10
  • Woodstock — secondary, WoodstockFraser rating 5.8/10
  • Springbank — elementary, WoodstockFraser rating 5.6/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 506 DUNDAS STREET