EXCEPTIONAL SPACE AND VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 acres of rural commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3-bed house and 10 bachelor apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land and waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls are available upon request. This A+ rural location holds abundant commercial potential; don't miss out! Please do not walk the property without an appointment.
For more details, including rent rolls, and to arrange a viewing post-offer acceptance, please reach out to Charles Khouri at charleskhouri@royallepage.ca.
Note: Do not access the property without a prior appointment.