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In-PersonVirtual Tour
$ 5,900,000
Est. payment | /mo
9 SqFt
$ 5,900,000
Est. payment | /mo
9 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9 sqft
Price per Sqft $655,555
MLS Listing ID X7375252
Annual Tax Amount $32,712
Tax Year 2023
Property Description
9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2024 & 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings (all leased). Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion as per attached PDF. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this centre. Serious inquiries only-no sale assignments please.
Location
Province ON
County Hastings
Area Hastings
Zoning C-7
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 550.0
Lot Depth 691.88
Building
New Construction false
Others
Security Features No
Listed by MARINO LOCATIONS LIMITED
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