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$1,149,000
Status: For Sale
ATTENTION DEVELOPERS AND INVESTORS! LAND & BUILDING AVAILABLE IN THE HEART OF THE DOWNTOWN RIVERFRONT BUSINESS AREA, KITTY CORNER TO THE estimated $100 Million Dollar "SEASONS RETIREMENT COMMUNITY" WHICH IS SLATED FOR COMPLETION OF 160 INDEPENDANT APARTMENTS, 144 RETIREMENT HOMES & 17 TOWNHOMES BY 2026. THIS IS AN EXCELLENT OPPORTUNITY FOR A LOW MAINTENANCE INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL INCL RES CONVERSION. 3700 SQ. FT. ONE FLOOR BUILDING DIVIDED INTO 3 UNITS WITH 26 PARKING SPACES. ZONING IS GC2 WHICH ALLOWS FOR VARIOUS COMMERCIAL & RES OPTIONS! TWO UNITS CURRENTLY LEASED (TRIPLE NET) AS RETAIL & ONE UNIT AVAILABLE FOR LEASE OR OWNER OCCUPANCY (FORMER DOCTOR'S OFFICE).
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9254471 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :14 Aug, 2024 (130 Days ago) |
| Source | :TRREB |
| Area | :Lambton |
|---|---|
| Postal Code | :
N7T 5X5
|
| Price | : $1,149,000 |
|---|---|
| Property Taxes | :$19051.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Cromwell |
|---|
14 Aug, 2024
TREB #X9254471
Available
$1149000.0
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