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2 IGA ROAD, Minden Hills (Lutterworth), Ontario, K0M 2K0

MLS® # X12325947
Commercial For Sale In Minden Hills (Lutterworth), Ontario
$1,799,000

None Beds

2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
2 Iga Road, Minden Hills (Lutterworth), ON
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MULTIMEDIA

2 IGA ROAD, Minden Hills (Lutterworth), Ontario, K0M 2K0
$1,799,000

Property Information:

A staple in Minden's business community for decades, this fully tenanted, mixed-use building is ideally located just off Highway 35 in a high-traffic, easily accessible area. The property features four established commercial storefronts on the main level, all leased to long-term tenants, along with four residential units on the second floor, offering a stable and diversified income stream. The building is well-maintained and managed, with ample on-site parking for both commercial patrons and residential tenants. This is a turn-key investment in a thriving location that continues to play a key role in Minden's business landscape. Income and expense statements available to qualified buyers upon request. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 8000 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Retail
  • Amenities Nearby: Highway, Recreation
  • Floor Space (approx): 8000 Square Feet
  • Lot Depth: 191.0 Feet
  • Lot Frontage: 97.0 Feet
  • Zoning: Commercial

Courtesy of: Century 21 Granite Realty Group Inc.

REALTOR.ca  

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Market Price Trends

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Location of 2 IGA ROAD, Minden Hills (Lutterworth), Ontario, K0M 2K0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

50/100

Moderate

ClimateCheck®

Current data

This property, 2 IGA ROAD , experiences 7 hot days per year at around 30 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past
30℃
2050
33.5℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

71/100

Moderate-High

ClimateCheck®

Current data

This property, 2 IGA ROAD , experiences 12 significant 2-day storms per year, with about 336.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 427.4mm of precipitation per year.

Precipitation Per Storm

Past
336.1mm
2050
427.4mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2 IGA ROAD, Minden Hills (Lutterworth), Ontario, K0M 2K0

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$89,000.00

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.8 %

High school certificate or equivalent

37.6 %

Apprenticeship trade certificate/diploma

10.26 %

College/non-university certificate

20.51 %

University Degree

12.82 %

Commuter

Travel To Work

By Car

93.88 %

By Public Transit

0.0 %

By Walking

6.12 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.67 %

Houses

93.33 %

Own Vs. Rent

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