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115 1st Avenue

115 1st Avenue

Arran-Elderslie, ON

  • 2,800 sqft
  • Commercial Retail
  • 189 days on market
$349,900Price reduced 13%

Prime Main Street Commercial Building in Chesley. Excellent opportunity to acquire a well-maintained 2,800 sq ft, single-level commercial retail building located on the main road, positioned in a high-visibility, high-traffic location, this property offers strong exposure and easy access in the heart of the community. The property is currently leased to a solid, long-term tenant, providing a dependable income stream. The 2,800 sq ft layout is efficiently designed for retail operations, offering open floor space, excellent storefront presence, and convenient customer access. The single-storey configuration ensures ease of maintenance and long-term functionality. With premium frontage on the town's main corridor and a stable government-backed tenant in place, this property represents a turnkey investment opportunity in a growing rural market.

Listing Details

Taxes (2025)
$4,734
Originally Listed
$399,900
Listed
February 23, 2026

Price History

Property

Lot Size
67 x 200 Feet

Parking

Garage
None

Location & Legal

Cross Street
1st Ave N/4th St NW
Zoning
C3
Parcel Number
331850175
Possession
Flexible
Occupancy
Tenant

Included

Exclusions
Tenants chattels, fixtures and inventory

Community

Postal area N0H

Population
53,674
Private dwellings
34,400
Median age
52.8
Average household size
2.3
Median household income
$86,000

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

Sutton-Sound Realty

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area
2,800 sq ft
Price per sq ft
$124.96
Annual property tax
$4,734
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

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