$350,000

Commercial For Sale In McMurrich/Monteith, Ontario

$350,000

Property Information:

Prime Redevelopment Opportunity: Historic 6,000+ SQFT Asset with Grant PotentialCapitalize on this high-potential redevelopment project positioned on an expansive 150' x 200' lot. Formerly the historic Sprucedale School House, this structurally sound 6,000+ sq. ft. building spans two massive levels, complemented by a detached 640 sq. ft. storage facility. Character features, including original hardwood floors, offer unique architectural integration for a premium multi-residential or senior living conversion. The property aligns exceptionally well with lucrative government grants for senior housing infrastructure. Vital environmental due diligence, including the Designated Substances Survey (DSS) and Chimney Swifts Report, will be released to the successful buyer upon contract. Sold "As-Is, Where-Is," this blank-canvas asset is primed for an investor looking to maximize ROI in a high-demand sector. (id:27)

Building Features:

  • Style: Retail
  • Floor Space: 12000 sqft
  • Heating Type: No heat
  • Cooling Type: None

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 12000 Square Feet
  • Irregular: Yes
  • Lot Depth: 200 Feet
  • Lot Frontage: 150 Feet
  • Lot Size: Bldg=150 x 200 FT
  • Zoning: COMMERCIAL GENERAL
  • No. of Parking Spaces: 4

Courtesy of: REAL ONE REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.