Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 43,300 sq. ft. Mixed-Use Complex on 4.99 Acres of High-Visibility Commercial Land. This Exceptional Opportunity Features a Solid Income Base with 19 Residential Units (8 1-bedroom, 10 2-bedroom, 1 3-bedroom), 6 Commercial Storefronts, and 50+ On-Site Parking Spaces. With a Projected Net Annual Income of $200,000, this Income-Producing Property Offers Stability from Day One while Zoning Flexibility and Prime Frontage Open the Door to Significant Value-Add Potential. Ideal for Coffee Shops, Drive-Thrus, Car Washes, or Retail Developments. Backed by Heavy Power Capacity, Recent Upgrades, and Strong Development Potential, this Asset is Suited for Investors Seeking a Profitable, Versatile, and Expandable Commercial Holding. Permitted Uses Include: Automobile Sales & Service, Take-Out Restaurants, Furniture Stores, Hotels/Motels, Taverns, and Wholesale Establishments. Profitable & Flexible. Built to Grow. Financials Available to Qualified Buyers. (id:59911)
MLS® Number | X12146402 |
Property Type | Retail |
Community Name | Wallaceburg |
Cooling Type | Partially Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 43,300 Ft2 |
Utility Water | Municipal Water |
Acreage | Yes |
Sewer | Septic System |
Size Depth | 477 Ft ,5 In |
Size Frontage | 449 Ft ,8 In |
Size Irregular | 4.99 |
Size Total | 4.99 Ac |
Size Total Text | 4.99 Ac |
Zoning Description | Rhc-184 (rural Highway Commercial) |
Scott Stren
Broker
(416) 964-8101
Clayton James Steinberg
Salesperson
(905) 889-2200
(905) 889-3322