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98 3rd Street

98 3rd Street

Arran-Elderslie, ON

  • 8,000 sqft
  • Commercial Retail
  • 578 days on market
$500,000Price reduced 50%

This majestic residence is located in the quiet town of Chesley, twenty minutes from Lake Huron, Hanover, or Walkerton. It has operated as Parkview Manor, a 34 bed senior residence, for over fifty years and is now ready to be repurposed by a new owner. The original home was builtin approximately 1860 and a concrete block addition was added later. the interior has been altered to meet the requirements of the residents and the business. Although updates to the structure are needed, some of the character remains including stain glass and hardwood trim and baseboards. There is a two story coach house as well. The lot has a total of 1.48 acres with a frontage of 264 feet. Survey and Phase 1 ESA available.

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Listing Details

Taxes (2024)
$28,283
Originally Listed
$1,000,000
Listed
January 30, 2025

Price History

Listing history

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Property

Age
100+

Parking

Garage
Double Detached

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Bruce Road 10
Zoning
INST
Parcel Number
331860284
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Other
Office / Apartment Area
8000 Sq Ft

Included

Rental Items
Propane tanks

Community

Postal area N0G

Population
86,935
Private dwellings
35,896
Median age
40.8
Average household size
2.6
Median household income
$83,000

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 Arran-Elderslie · last 12 months

Median sold price
$487,500
Homes sold
78
Median days on market
46
Sale-to-list price
95.4%

Based on 78 recorded sales of commercial properties in Arran-Elderslie over the last 12 months.

Listed by

RE/MAX TWIN CITY REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area
8,000 sq ft
Price per sq ft
$62.50
Annual property tax
$28,283
Tax per sq ft
$3.54

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

R

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