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8656 HIGHWAY 7

8656 HIGHWAY 7

Guelph/Eramosa, Ontario

3,055 sqft • Industrial

$1,599,900

Exceptional M1-zoned commercial property offering a rare opportunity for industrial users, owner-operators or investors. Permitted uses include auto body, automotive repair, transport and trucking operations, contractor's yard, warehousing, manufacturing and a variety of other industrial/commercial applications. (Buyer to Confirm permitted uses) The property features a heated shop, approximately 24' x 65', with ~12.5' ceilings, 200-amp electrical service, water, multiple overhead doors and ample space for equipment, vehicles and operations. Also included is a well-maintained 4-bedroom detached residence, ideal for owner occupancy, rental income or to use as office space. Convenient location with excellent access to major transportation routes. A versatile live/work investment with strong income and redevelopment potential. Estimated income opportunity pro forma available.

Price History

Property

Lot Size
0.92 acres

Community

Postal area L7J

Population
13,766
Private dwellings
5,110
Median age
43.6
Average household size
2.7
Median household income
$110,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Industrial in Guelph/Eramosa · last 12 months

Median sold price
$990,000
Homes sold
163
Median days on market
28
Sale-to-list price
96.7%

Based on 163 recorded sales of industrial properties in Guelph/Eramosa over the last 12 months.

Location

R

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