104 HIGHLAND RD Active

North Bay,ON P1B 6K4

$ 399000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10708148

Annual Tax Amount $9,024

Tax Year 2023

Property Description

Welcome to an exceptional investment opportunity in North Bay's thriving commercial district. This land is nestled in a bustling enclave along Algonquin Avenue, boasting a coveted position at a signalized intersection, ensuring maximum visibility and accessibility. Embraced by flexible zoning and bolstered by city support, this opportunity promises a journey toward realizing your entrepreneurial dreams or developing an apartment complex (22 traditional or 40 Micro units), also potential for other residential opportunities. While some zoning work is required due to only a small portion being zoned R3, the vendor is committed to collaborating with prospective purchasers to streamline the sale process and ensure compliance with the appropriate site plan and zoning regulations. With excellent exposure and convenient access, it presents an ideal setting for a range of commercial ventures under the C4 zoning with the potential for quick-service restaurants, retail stores, medical and professional offices, or an entertainment establishment. The recent diagram demonstrates the lot size and, a recent 2022 clean Phase II Environmental Site Assessment are available for laying the groundwork for swift development. Whether you're an astute investor or a visionary entrepreneur, this property offers immense potential for lucrative returns and long-term success.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Zoning C4R3

Region Central

City Region Central

Rooms

Kitchen 0

Interior

Cooling Unknown

Exterior

Pool None

Community Features Public Transit

Utilities Available Unknown

Roof Type Unknown

Lot Frontage 126.72

Building

Lot Description Irregular Lot

New Construction false

Others

Security Features Unknown

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