533-537 Christina ST N Active

Sarnia,ON N7T 5W5

$ 1199800

- Bed

- Bath

7000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $171

Subdivision Sarnia

MLS Listing ID X12154540

Annual Tax Amount $10,416

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

CALLING ALL INVESTORS & ENTREPRENEURS! TWO TENANTED PROPERTIES! UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN TWO COMMERCIAL & RESIDENTIAL MIXED-USE BUILDINGS KNOWN AS #533 & #537 CHRISTINA ST.N., SARNIA. 72' FT OF FRONTAGE X 132' DEPTH LOTS OF PRIME REAL ESTATE WITH HIGH VISIBILITY AND TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA'S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. THIS PARCEL BOASTSRESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC-3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUEWATER BRIDGES(US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE, THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES!

Location

State ON

County Lambton

Community Sarnia

Area Lambton

Zoning GC 3

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 72.0

Lot Depth 264.0

Others

Security Features No

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