$998,000
Available - For Sale
Listing ID: X11935392
16-20 TORONTO St South , Grey Highlands, N0C 1H0, Ontario
| INVESTORS TAKE NOTE: THIS PROPERTY IS PERFECT FOR REDEVELOPMENT: Part of the Downtown Markdale Development area this lot is ready for commercial investment. It fronts directly onto Hwy 10 at one of the busiest intersections in Grey County. It is a restaurant in the lower level and 3 apartments above. In it's current form, it is only using half the lot space, this would be perfect for for a multi story apt building with lower level retail. It is a short walk to the 300 unit subdivision currently under construction with by Devonleigh Homes across the street, with most homes in Phase 1 already occupied. Don't miss this opportunity to get into this growing community, with over 600 hundred homes slated for construction in Markdale this is a very unique offering to own a part of downtown core. REDEVLOPMENT OPPORTUNITY - The town has indicated that they would encourage any buyer to consider redeveloping the land and that council would engage with any developer who brought a vision for the land and that the lot could house a multi unit building potentially of 4 storeys. |
| Price | $998,000 |
| Taxes: | $5500.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 16-20 TORONTO St South , Grey Highlands, N0C 1H0, Ontario |
| Postal Code: | N0C 1H0 |
| Province/State: | Ontario |
| Legal Description: | PT LT 2 BLK E PL 582 MARKDALE AS IN R385 |
| Lot Size: | 79.00 x 165.00 (Feet) |
| Directions/Cross Streets: | Located on the west side of Hwy 10 (Toronto St) at the intersection in Markdale. |
| Category: | With Property |
| Use: | Restaurant |
| Total Area: | 5582.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2400 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 3182 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Skiing |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Hours Open: | 9 am |
| Employees #: | 8 |
| Seats: | 40 |
| LLBO: | N |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Century 21 In-Studio Realty Inc. |
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Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Grey County |
| Municipality: | Grey Highlands |
| Neighbourhood: | Markdale |
| Lot Size: | 79.00 x 165.00(Feet) |
| Tax: | $5,500 |
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