Land Commercial Building for Sale

MLS# H4153904 Price: $8,000,000




Property Description

1.012 Acres of prime development land in the heart of Fonthill. Existing commercial buildings generate gross income of approx $350,000 annually. Landmark site permits up to 8 stories with potential for over 100 residential units with no ground floor commercial requirement. Two road frontages (sold together with 14-18 Highway 20 W) in high traffic downtown corner. Approx. $1.8M in development charge rebates available. Full development package available upon request.

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What's your Walk Score? 52 Somewhat Walkable

Property Details: 1440 Pelham Street (near HWY 20 )
Listing# 60289


Location

Address 1440 Pelham Street
City Fonthill
Cross Streets HWY 20
District Fonthill/Pelham (6)
Neighbourhood Pelham St N. (662)
Listing Agents Alexandra Borondy / Conrad Zurini

Description

Sub Type Land Price $ 8,000,000
Location Fonthill Square Footage 1

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.