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285801 AIRPORT Road

285801 AIRPORT Road

Norwich, ON

  • 5,400 sqft
  • Commercial Retail
  • 829 days on market
$1,375,000Price reduced 13%

Immaculate 5,400 sq. ft. Shop on a 1.23 acre lot. Excellent construction quality with Hardy board and stone exterior. This shop includes +/-400 sq. ft. vaulted ceiling office space, +/-5000 sq. ft. warehousing/shop space with 14'8" ceiling/13'4" clear, 2 overhead doors that are 12x12 ft plus a third 14x12ft overhead door. The building also features an accessible bathroom, mezzanine, poured concrete floor, fully dry walled interior with LED lighting + lots of natural light. The building is serviced with natural gas and has lots of parking both in front and behind the shop; side drive and rear parking lot are recently fully paved. The MR zoning permits a wide range of uses including but not limited to, assembly plant, contractors shop or yard, a fabricating plant, manufacturing plant, packaging plant, a processing plant, a service shop, a warehouse and more! The Zoning for this shop also permits a Home to be built on the land! Ideal for an owner operated business.

Listing Details

Taxes (2023)
$9,152
Originally Listed
$1,575,000
Listed
May 27, 2024

Price History

Property

Age
0-5
Construction
Other, Stone
Roof
Unknown
Foundation
Poured Concrete
Lot Size
100 x 537 Feet

Parking

Garage
Unknown
Covered Spaces
0

Utilities

Sewer
Sanitary+Storm Available

Location & Legal

Cross Street
HIGHWAY 59 EAST ON AIRPORT ROAD
Zoning
MR-10
Parcel Number
000610517
Possession
Flexible
Occupancy
Owner

Commercial

Office / Apartment Area
400 Sq Ft

Community

Postal area N0J

Population
33,457
Private dwellings
12,005
Median age
38.4
Average household size
2.9
Median household income
$97,000

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

Commercial in Norwich · last 12 months

Median sold price
$635,000
Homes sold
129
Median days on market
31
Sale-to-list price
96.9%

Based on 129 recorded sales of commercial properties in Norwich over the last 12 months.

Listed by

Royal Lepage R.E. Wood Realty Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
5,400 sq ft
Price per sq ft
$254.63
Annual property tax
$9,152
Tax per sq ft
$1.69

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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