$1,199,900 FOR SALE

Office

Lot: 103.75 x 165 ft

108 Russell Street N
Madoc, ON K0K 2K0

Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 Storey building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned commercial; but the property has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property! (id:47423)

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Listed By ROYAL LEPAGE PROALLIANCE REALTY
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X8252178
Last Updated Sep 03, 2024
Property Summary
Property Type Office

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Price History
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Detailed Information
Bathrooms 3
Lot 103.75 x 165 ft
Amenities Nearby Highway
Features Elevator
Listing Contract Date 2024-04-19
Location Description Highway 62
Property Type Office
Transaction Type For sale
Zoning Description C2
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Type Offices
Utility Water Municipal water
Land
Total Size 103.78 x 165.02 FT
Amenities Highway
Size of Irregular Land 103.78 x 165.02 FT

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