Lincoln (lincoln-jordan/vineland), ON L0R2E0,3365 CULP ROAD
Lincoln (lincoln-jordan/vineland), ON L0R2E0,3365 CULP ROAD
Lincoln (lincoln-jordan/vineland), ON L0R2E0,3365 CULP ROAD
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$1,699,000
Est. payment /mo
33,000 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 33,000 sqft

Price per Sqft $51

Subdivision 980 - Lincoln-Jordan/Vineland

MLS® Listing ID X12059545

Source Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Private Pool No


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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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