115 1st Ave N is a retail in Arran-Elderslie, listed for $299,900.
1Prime Main Street Commercial Building in Chesley.
2The property is currently leased to a solid, long-term tenant, providing a dependable income stream.
3The 2,800 sq ft layout is efficiently designed for retail operations, offering open floor space, excellent storefront presence, and convenient customer access.
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Commercial Property in Arran-Elderslie
About 115 1st Avenue North
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.
Arran-Elderslie retail priced at $299,900 — book a tour to see if it fits your search.
Inside 115 1st Ave N
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0.3
Listing & possession
Property class
Commercial Retail
115 1st Ave N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 115 1st Ave N
Homes for sale in Arran Elderslie
Every active Arran Elderslie MLS® listing, updated all day.
Average days on market72Homes sold in about 72 days on average.
Sale-to-list ratio94.9%On average, homes sold below asking.
Active listings51Homes for sale here right now.
Median vs prior 90 days−2.4%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 27 sales from Jul 24 – Oct 22, 2026 (21 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 115 1st Ave N
How much is 115 1st Ave N listed for?
115 1st Ave N is listed at $299,900 (MLS® X12811738). Summitly updates the price as soon as the MLS® record changes.
Has the price of 115 1st Ave N changed?
Yes — it was first listed at $399,900 and is now $299,900, a drop of $100,000 (25.0%).
How many bedrooms and bathrooms does 115 1st Ave N have?
The listing for 115 1st Ave N doesn't publish its bedroom and bathroom count. It is a commercial property in Arran-Elderslie.
How does 115 1st Ave N compare with other homes in Arran-Elderslie?
Its asking price of $299,900 is about 32% below the median sold price in Arran-Elderslie over the last 90 days, $439,000, across 27 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 115 1st Ave N been sold before?
Summitly has no earlier MLS® sale or lease of 115 1st Ave N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 115 1st Ave N?
115 1st Ave N is in Arran-Elderslie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 115 1st Ave N been on the market?
241 days — 115 1st Ave N was listed on February 23, 2026.
What is the land transfer tax on 115 1st Ave N?
About $2,974 in Ontario land transfer tax at the asking price of $299,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 115 1st Ave N or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 115 1st Ave N?
The listing for 115 1st Ave N doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Arran-Elderslie.
When was 115 1st Ave N built?
The listing for 115 1st Ave N doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
