$2,199,998
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115 Grenville Way, Merrickville-Wolford, ON K0G1N0

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- Beds
0 Baths
51,677 Sq Ft

115 Grenville Way presents a rare opportunity to acquire a purpose-built commercial investment property offering dependable cash flow, strong tenant stability, and immediate upside through future expansion.The property consists of approximately 12, 000 square feet of custom-built commercial space situated on a generously sized lot with ample parking and excellent accessibility. The building is comprised of a 9, 000-square-foot warehouse and a 3, 000-square-foot fitness facility, creating a diversified income stream supported by established long-term tenants.The warehouse component is fully leased to a long-term tenant, providing reliable occupancy and stable rental income. Complementing the industrial space is the town's only fitness center, a well-established and highly active business that has become an essential service within the Merrickville community. The gym enjoys strong membership levels, consistent traffic, and limited competition, positioning it for continued success. Current rental revenue totals approximately $8, 500 per month, providing immediate income from closing. Investors will appreciate the property's built-in value-add component, as the owner is willing to construct additional square footage for the fitness facility. The tenant has indicated a willingness to lease the expanded space and pay additional rent, creating a clear pathway to increased revenue and enhanced property value. Investment Highlights 9, 000 sq. ft. warehouse leased to a long-term tenant 3, 000 sq. ft. fitness facility occupied by Merrickvilles only gym Current rental income of approximately $102, 000 annually Opportunity to increase revenue through planned gym expansion Strong tenant retention and established occupancy history Custom-built facility with modern functionality and durable construction Ample parking and efficient site layout Excellent access from a major roadway. Tenants pay all expenses except Building Insurance. (id:58753)

Listing By: Anthony Bassile - RE/MAX HALLMARK REALTY GROUP cncrea2 Realty.com
  • MLS® X13458216
  • Date Listed06/17/2026
  • Days on Realty 44 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 2,251,050,120 sq. ft
  • Property Type Other
  • Water Public
  • Square Feet 51,677 sq. ft
  • Price Per Sq. Ft $42.57

Interior Features

  • Cooling Fully air conditioned

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 2,251,050,120.00
  • Lot Features -

Directions

Cross Streets: Broadway Street W. ** Directions: From the main intersection go over the locks and property is on the right at the next intersection.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K0G1N0

Discover key demographics, population statistics, and environmental insights for the Merrickville-Wolford, ON area.

Walkability in ON / K0G1N0

Source: Walk Score

51/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

43/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 20/100.

Points of Interest near 115 GRENVILLE WAY, Merrickville Wolford, ON K0G1N0

Frequently Asked Questions for 115 GRENVILLE WAY

Source: Realty.com

115 GRENVILLE WAY, Merrickville Wolford, ON K0G1N0 in Merrickville-Wolford, ON K0G1N0 is a other listed at $2,199,998. Highlights include 51,677 sq. ft., $43 per sq. ft.. Realty.ca has 2 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 2 photos of 115 GRENVILLE WAY.

The full address for this home is 115 GRENVILLE WAY, Merrickville Wolford, ON K0G1N0.

115 GRENVILLE WAY has been listed on Realty.com since Wed June 17, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 20/100.

Listing provided courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing agent: Anthony Bassile

This content last refreshed on 2026-07-31 12:10:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.