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A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 523 Mill St, West Grey Ontario N0G 2M0
Re-listed 7 days ago

523 Mill St, West Grey, Ontario N0G 2M0

Other
-
1
~1100 sqft
$•••,•••
$409,900
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Other
-
1
~1100 sqft

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Highlights

Property Estimate

Days on market7 days

Total days on market
178 days

Estimated valueNot available

Price/Sqft$372/sqft

Monthly cost

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Description

BRAND NEW black metal roof installed in May 2026! Here's your opportunity to own a commercially zoned property in the heart of historic Neustadt.Positioned on Mill Street with desirable C1 - General Commercial zoning, this versatile property offers endless possibilities for entrepreneurs, investors, professionals, and business owners looking to establish a presence in one of Grey County's most charming communities. Whether you're envisioning a retail storefront, professional office, studio, service-based business, or a live/work setup (subject to municipal approvals), this property provides the flexibility to bring your vision to life.The building currently features a functional layout with multiple rooms spread across two levels, including a spacious main floor, kitchen area, washroom facilities, and additional upper-level space suitable for offices, meeting rooms, storage, or staff accommodations. Outside, the large rear deck and backyard offer additional opportunities for outdoor customer space, employee use, or future enhancements.Located within walking distance of Neustadt's boutique shops, restaurants, and popular brewery, this property benefits from excellent visibility and a vibrant small-town atmosphere that continues to attract visitors and residents alike.Affordable commercial opportunities in established downtown locations are becoming increasingly difficult to find. Whether you're launching a new venture, expanding your business, or adding to your investment portfolio, 523 Mill Street offers the flexibility, character, and location to make it happen.


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Jun 20Sat1:00 PM - 3:00 PM

Property Details

StyleMulti-Use
View-
Age of property100+
SqFt~1100 SqFt
Lot Size7,059 SqFt(174 x 40.57)
Parking Spaces1
MLS ®NumberX13429958
Community NameWest Grey
Data SourceTRREB
Listing byReal Broker Ontario Ltd.

Features

Heating: Gas Forced Air Closd
Cooling: N

Features

Lot size: 7,059 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Jun 11, 2026
Listed for
$409,900
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed
$•••,•••
7 days on market
history photo preview50
Listing by trreb®
Property listed by Real Broker Ontario Ltd., Brokerage
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Market Data - West Grey

Geo Zone Map ThumbnailWest Grey

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2025

51 days

2024

48 days

2023

55 days

New Listings

Past 30 days

54 listings

Compared to

2025

57 listings

2024

77 listings

2023

67 listings

Units sold

Past 30 days

16 units

Compared to

2025

18 units

2024

23 units

2023

26 units

Median Sold Price

Past 30 days

$507,662

Compared to

2025

$544,900

2024

$499,900

2023

$542,500


Population and Demographics

Overview

Total population 14017
Average household income $112,124

Age (%)

0 to 19
21%
20 to 34
14%
35 to 49
15%
50 to 64
24%
65 and plus
26%

Household composition (%)

Single family
71%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
3%
German
3%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget