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MLS® X13687758

Overview

Key Facts

Type 
Levels Commercial Sale
Size 4197 sqft
Garage 
Taxes $18,079
Days Active 4
Lot Size 1.16 Acres
Approx. Age 
Avg. Price Per Sqft $208
MLS® Number X13687758

Property Address: 123 Railway St, Sturgeon Falls, ON, P2B

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT OPPORTUNITY | C2 ZONING | DEVELOPMENT POTENTIAL Think beyond the current use. This modern, approximately 10-year-old commercial property presents an intriguing value-add investment opportunity for an owner-operator, an entrepreneur or investor looking for flexibility, existing infrastructure and future upside.Currently operating as an established funeral home, the property features a modern, state-of-the-art building with reception areas, chapel, private offices, visitation/viewing space, attached single-car garage and ample on-site parking. The existing layout provides an excellent foundation for continued operation - or a creative new business concept.C2 zoning opens the door to potential opportunities for health services, veterinary use, service establishments, entertainment/recreation and other permitted commercial uses. And the real upside? An additional lot fronting Nipissing Street offers potential for severance, subject to municipal approvals, creating an opportunity to unlock additional land value, future development potential or a separate investment play. For the investor with vision, this is more than a commercial building - it's a flexible commercial real estate asset with redevelopment potential, multiple permitted-use possibilities and an opportunity to reposition the property for its next chapter.The infrastructure is here. The zoning is here. The land is here. Now bring the vision. A rare opportunity to acquire a commercial investment property with value-add and future development potential. (id:58753)Show Description
MLS® NumberX13687758
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOther
Garage Spaces
HeatBaseboard heaters
A/CFully air conditioned

Extras

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