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10356 Highway 124 N/A Image 1

$550,000

$600,000
8.3% dropped

Last price change Apr 25

Jan 10Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X11918138

10356 Highway 124 N/A, Sundridge, ON P0A 1Z0

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Similar Homes Found
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Average Price
55000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 10356 Highway 124 N/A

Prime Multi-Use Commercial Property in the Heart of Sundridge. This expansive 3+ acre property in the Village of Sundridge offers vast potential for development and investment. The property has completed rezoning and is now designated for commercial multi/mixed-use, offering significant future development potential. This makes it the largest development opportunity currently available in Sundridge. Prime Location: Approximately 225 feet of Highway 124 exposure ensures maximum visibility for future businesses and developments. Located just a short distance from Highway 11 and Lake Bernard public access, the property benefits from excellent traffic flow and convenience. Zoning: Successfully rezoned for multi-use/commercial, allowing for a diverse range of potential uses, including retail, office space, medical/dental, institutional, and more. This designation positions the property to meet the growing demand for versatile development in the area. Development Potential: About 2/3 of the lot is retained for future development or severance, providing excellent opportunities for growth and expansion. Building Features: The main building offers approximately 4,800 square feet. Previously used as a restaurant/bar and an apartment, it requires some TLC but offers great potential for renovation or repurposing. The property also includes older cottages that can be used for storage during redevelopment. Utilities: The property is connected to municipal sewer, natural gas, hydro, and a drilled well, providing essential infrastructure for future development. With its prime location, flexible zoning, and future development possibilities, this property presents a rare opportunity for investors or developers looking to make their mark in Sundridge. Vendor Take-Back (VTB) Financing is Available for qualified buyers. Don't miss out - schedule a viewing today!

Home Overview

Last updated

Apr 29

Virtual tour

None

Basement information

Building size

4800

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by Cocks International Realty Inc.,

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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