98 3rd Street
Arran-Elderslie, ON
- 8,000 sqft
- Commercial Retail
- 38 days on market
Majestic historic seniors living residence in the quiet community of Chesley, conveniently located just 20 minutes from Lake Huron, Hanover, and Walkerton. Formerly operated as Parkview Manor, a 34-bed senior residence for over 50 years, the property presents a unique opportunity for a new owner to repurpose and reposition the asset. The original residence dates back to approximately 1860, with a concrete block addition constructed at a later date. While the interior has been modified to accommodate the former senior residence, original character remains, including stained glass, hardwood trim, and baseboards. The property also features a two-storey coach house. Situated on approximately 1.48 acres with 264 feet of frontage. Updates to the structure and interior are required. Excellent opportunity for redevelopment, adaptive reuse, or other potential uses, subject to municipal approvals. Survey and Phase I ESA available.
Listing Details
- Taxes (2025)
- $22,149
- Listed
- August 13, 2026
Price History
Listing history
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Property
- Lot Size
- 208 x 330 Feet
Parking
- Garage
- Double Detached
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- 3rd St/2nd Ave SE
- Zoning
- I
- Parcel Number
- 331860284
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Other
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
- $462,000
- Homes sold
- 72
- Median days on market
- 44
- Sale-to-list price
- 95.4%
Based on 72 recorded sales of commercial properties in Arran-Elderslie over the last 12 months.
Listed by
COLLIERS
Walk Score
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Location
Street View
Commercial figures
- Building area
- 8,000 sq ft
- Price per sq ft
- $62.50
- Annual property tax
- $22,149
- Tax per sq ft
- $2.77
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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