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$ 600,000
Est. payment | /mo
4,800 SqFt
$ 600,000
Est. payment | /mo
4,800 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $125
MLS Listing ID X11918138
Annual Tax Amount $8,828
Tax Year 2024
Property Description
Prime Multi-Use Commercial Property in the Heart of Sundridge. This expansive 3+ acre property in the Village of Sundridge offers vast potential for development and investment. Currently undergoing a rezoning process, the property is now slated for commercial multi/mixed-use and future development potential, making it the largest development opportunity currently available in Sundridge. Key Features: Prime Location: Approximately 225 feet of Highway 124 exposure ensures maximum visibility for future businesses and developments. Located just a short distance from Highway 11 and Lake Bernard public access, the property benefits from excellent traffic flow and convenience. Zoning: Now being rezoned for multi-use/commercial, allowing for a wide range of potential uses, including retail, office space, medical/dental, institutional, and more. This zoning will allow the property to meet the growing demand for versatile development in the area. Development Potential: About 2/3 of the lot is retained for future development or severance, providing excellent opportunities for growth and expansion. Building Features: The main building offers approximately 4,800 square feet. Previously used as a restaurant/bar and an apartment, it requires some TLC but offers great potential for renovation or repurposing. The property also includes older cottages that can be used for storage during redevelopment. Utilities: The property is connected to municipal sewer, natural gas, hydro, and a drilled well, providing essential infrastructure for future development. With its prime location, flexible zoning, and future development possibilities, this property presents a rare opportunity for investors or developers looking to make their mark in Sundridge. Don't miss out - schedule a viewing today!
Location
Province ON
County Parry Sound
Community Sundridge
Area Parry Sound
Region Sundridge
City Region Sundridge
Interior
Cooling No
Exterior
Garage Spaces 26.0
Community Features Major Highway
Utilities Available Yes
Lot Depth 252.0
Others
Security Features Partial
Listed by Cocks International Realty Inc.,
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "