33000 sqft
Forced Air
$1,699,000
High-Yield Commercial Opportunity: Revitalized Plaza, Maximum Flexibility!Unlock Immediate Value & Future Growth: This meticulously renovated, single-story commercial plaza offers 10,580 sq ft of prime retail space on a sprawling 33,000 sq ft lot, just 3km from the QEW. Capitalize on strategic location and RUC-2 zoning, allowing for diverse tenant possibilities: daycare, veterinary, specialty retail, and more.Key Investment Highlights:Complete Revitalization: Benefit from recent upgrades including new framing, drywall, insulation, exterior cladding, and re-graveled floors, minimizing future capital expenditures.Six Individual Gas Meters: Streamline tenant billing and maximize operational efficiency.Subdivision Potential: Divide into up to 6 separate units, creating multiple income streams and increasing tenant flexibility.Strategic QEW Access: Leverage unparalleled visibility and accessibility for a high-traffic location.Versatile Unit Configuration: Two existing units (4,089 & 6,491 sq ft) offer immediate rental potential.RUC-2 Zoning Advantage: Tap into a wide range of permitted uses, attracting diverse and stable tenants.Expansive Land Parcel: 33,000 sq ft lot provides potential for future expansion or development.Investment Analysis:This property presents a unique opportunity to acquire a fully rejuvenated asset with significant income potential. The recent upgrades, coupled with the subdivision capability, offer investors the chance to maximize returns and attract a diverse tenant base. The strategic QEW location ensures consistent traffic, making this a highly desirable commercial destination. (id:41954)
Property Details
MLS® Number
|
X12059545 |
Property Type
|
Business |
Community Name
|
980 - Lincoln-Jordan/Vineland |
Building
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Exterior
|
33000 Sqft |
Size Interior
|
33000 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
189 Ft ,1 In |
Size Frontage
|
172 Ft ,8 In |
Size Irregular
|
Bldg=172.67 X 189.15 Ft |
Size Total Text
|
Bldg=172.67 X 189.15 Ft |
Zoning Description
|
Ruc-2 (rural Commercial) |
https://www.realtor.ca/real-estate/28115042/3365-culp-road-lincoln-980-lincoln-jordanvineland-980-lincoln-jordanvineland