Severn, Ardtrea, L3V 0V3
$599,000
Listed by CENTURY 21 B.J. ROTH REALTY LTD..
WOW, BACK ON THE MARKET!! Seller is motivated. Great opportunity to purchase a commercial property zoned C4 with residential, minutes from Orillia. Ideal location with direct views from main arterial Highway 11 for great exposure of your business. Thousands of travelers daily along this corridor heading north to cottage country and regions beyond. Move your existing business for increased marketing exposure and revenue growth while renting out the residential portion to help pay the mortgage Or start your new business and live on site. Convenient easy on / easy off Highway 11 access for your business customers' and deliveries. To describe, the existing Bungalow is a 3 bedroom, 1 bath separate entrance unit to the left hand side of the building. The commercial area, which is the right hand side of the building, was recently a previous tenant's DIY project creating a 2nd residential rental unit. Building has been a rental property for several years. Commercial square footage, being on the right side of the building, the Business entrance can be re-created at the front of the building or remain where is, currently on the right side along driveway. Another possibility, with the high need of residential rental units in the region, new Owner could ideally, create 2 residential rental units. Seller having not lived on the property for many years, makes no guarantees or warrantees, takes no responsibility of the property condition or DIY attempts. Therefore the Property being sold "as is, where is". Simply, this property is ideal for the next Owner with a vision, a business, as an investment, or to create a home / 2 units.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 4 times before. To view this property's sale price history please sign in or register:
