556 James Street
Norfolk, ON
- 2,000 sqft
- Commercial Retail
Exceptional opportunity to own a versatile MULTI-USE COMMERCIAL PROPERTY in the heart ofDelhi! Situated on a generous 0.208-acre lot with approximately 80 feet of frontage, thisfreehold property offers an excellent combination of commercial and residential space, makingit ideal for investors, entrepreneurs, and owner-operators. The property features tworesidential living areas with a total of 4 bedrooms and 2 kitchens, including 2 bedroomsupstairs and 2 bedrooms in the fully finished basement. Additionally, approximately 600 sq.ft. of dedicated retail space provides an excellent opportunity to establish a business orgenerate additional rental income. All three units feature separate electrical meters, withfurnaces installed for added convenience and independent utility management. Zoned CS, thismulti-use property offers flexibility for a variety of commercial and residentialopportunities, subject to municipal approvals. Conveniently located near local amenities,shopping, and major routes. Whether you're looking to operate your own business, expand yourreal estate portfolio, or explore multiple income streams, this property offers outstandingpotential. Don't miss this unique investment opportunity in Delhi! Buyers to verify zoning,permitted uses, and legal unit status.
Listing Details
- Taxes (2025)
- $4,544
- Originally Listed
- $5,990,000
- Listed
- October 19, 2026
Price History
Property
- Lot Size
- 79.42 x 114.27 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- James Street (Highway 3) & Waverly Street.
- Zoning
- CS
- Parcel Number
- 501640251
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 1300 Sq Ft
Community
Postal area N4B
- Population
- 8,223
- Private dwellings
- 3,459
- Median age
- 44.4
- Average household size
- 2.4
- Median household income
- $78,000
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 Norfolk · last 12 months
- Median sold price
- $580,000
- Homes sold
- 471
- Median days on market
- 42
- Sale-to-list price
- 96.0%
Based on 471 recorded sales of commercial properties in Norfolk over the last 12 months.
Listed by
RE/MAX REAL ESTATE CENTRE INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,000 sq ft
- Price per sq ft
- $299.50
- Annual property tax
- $4,544
- Tax per sq ft
- $2.27
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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