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$ 550,000
Est. payment /mo
Active
10356 HIGHWAY 124 Sundridge, ON P0A1Z0
4,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $114
Subdivision Sundridge
MLS® Listing ID X11918138
Source OnePoint Association of REALTORS®
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. The property has completed rezoning and is now designated for commercial multi/mixed-use, offering significant future development potential. This makes it the largest development opportunity currently available in Sundridge. 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: Successfully rezoned for multi-use/commercial, allowing for a diverse range of potential uses, including retail, office space, medical/dental, institutional, and more. This designation positions 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. Vendor Take-Back (VTB) Financing is Available for qualified buyers. Don't miss out - schedule a viewing today! (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Other
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 26
Private Pool No
Building
Sewer Sanitary sewer
Listed by Cocks International Realty Inc.,