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In-PersonVirtual Tour
$ 3,400,000
Est. payment | /mo
11 SqFt
$ 3,400,000
Est. payment | /mo
11 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 11 sqft
Price per Sqft $309,090
Subdivision Rural Guelph/Eramosa East
MLS Listing ID X12134031
Annual Tax Amount $10,626
Tax Year 2024
Property Sub-Type Land
Property Description
Extremely rare opportunity to acquire a strategically located property with a fully operational drive-in theater, presenting immediate revenue generation and significant future potential. The 11.6 acre property is located just outside the City of Guelph, along Jones Baseline, southeast of Highway 7. This property offers a unique investment proposition: land value coupled with a beloved community entertainment hub. Unlock the potential for community engagement and events. The space can host concerts, festivals, markets, and more, adding value. The property provides a unique income stream and a distinct presence in the local market, with strong local goodwill and community support.
Location
Province ON
County Wellington
Community Rural Guelph/Eramosa East
Area Wellington
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 720.0
Lot Depth 730.24
Listed by COLDWELL BANKER INTEGRITY REAL ESTATE INC.
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