Income today, redevelopment potential tomorrow. This approx. 744 m (8,008 sq ft) site on Woodroffe Avenue is zoned MC6 Mixed-Use Centre, which permits apartment, office, medical and mixed-use development, with potential for approx. 16,000 sq ft of gross floor area. The property includes an office with an attached garage, plus a former home converted into a garage office. The garage offers two bays, one equipped with a hoist, and there is a paint booth at the back of the building. Also available is the established Krown rustproofing business operating on site, with a loyal base of returning customers and approx. 50 vehicles a day during high season. Purchase the land and building for $1,499,000, or secure the land, building and Krown business together for $1,800,000 and collect income while you plan your next move. Steps from Algonquin College's Woodroffe Campus and the future Algonquin O-Train Station, in an area the City is actively planning for growth. Neighbouring properties offer potential for a larger land assembly. High traffic and outstanding exposure on a major arterial road. A rare opportunity for a builder, a long-term investor, or an operator ready to take over a trusted business. Please do not approach the business or its employees, the seller is not on site. (id:67947)
| MLS® Number | X13842000 |
| Property Type | Vacant Land |
| Neigbourhood | Ryan Farm |
| Community Name | 7301 - Meadowlands/St. Claire Gardens |
| Amenities Near By | Recreation, Public Transit |
| Farm Type | Other |
| Size Interior | 8,331 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Recreation, Public Transit |
| Size Depth | 94 Ft ,5 In |
| Size Frontage | 85 Ft |
| Size Irregular | 85 X 94.47 Ft |
| Size Total Text | 85 X 94.47 Ft |
| Zoning Description | Mc6f(2.0)h(18.5) |
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Nicolas SigounisREALTOR® · EXIT Realty Matrix, BrokerageBook a private showing or ask anything about this home. Nicolas will get back to you quickly.
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