Commercial listings / Investment / For sale

120 Vidal Street N, Sarnia, ON N7T 5X5

$1,048,000

Property type
Investment
Transaction
For sale
Location
Sarnia, Lambton
Building area
3,700 Square Feet
MLS® number
X13628034

Description

ATTENTION DEVELOPERS & INVESTORS! LAND & BUILDING AVAILABLE IN THE HEART OF THE Sarnia Downtown Urban Revitalization project. The BAYSIDE CENTRE proposal includes a new grocery store, loft-style residences, a senior residence building, & various retail spaces designed to revitalize the area & draw more consumers downtown thus, creating a vibrant, economically viable neighborhood that stimulates sustainable growth. ACT SWIFTLY & SEIZE THE OPPORTUNITY WITH THIS 3700 SQ FT LOW-MAINTENANCE 1 FLOOR BUILDING DIVIDED INTO 3 UNITS & 26 PARKING SPACES. GC-2 ZONING ALLOWS FOR VARIOUS COMMERCIAL OPTIONS! OVER $100,000 SPENT IN THE LAST 16 YRS INCLUDING:EXTERIOR FASCIA & ROOF '12,HI-EFFICIENCY FORCED AIR GAS FURNACE '09,CENTRAL AIR '16,'24. TENANT PAYS BASE RENT+HST,UTIL,LIABILITY & CONTENT INSURANCE,PRORATED MUN TAX,BUILDING INS,GRD MTCE,WATER (TRIPLE NET LEASE) 2 UNITS LEASED(TRIPLE NET) & 1 UNIT CURRENTLY AVAILABLE(former Doctors Office).

Listing brokerage: CENTURY 21 FIRST CANADIAN CORP.

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