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$1,199,800
Est. payment /mo
7,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $171
MLS Listing ID 40729426
Abv Grd Liv Area 7,000
Annual Tax Amount $10,416
Property Sub-Type Mixed,Building and Land
Source Cornerstone
Lot Depth 264.0
Lot Front 72.0
Property Description
CALLING ALL INVESTORS & ENTREPRENEURS! TWO TENANTED PROPERTIES! UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN TWO COMMERCIAL & RESIDENTIAL MIXED-USE BUILDINGS KNOWN AS #533 & #537 CHRISTINA ST.N., SARNIA. 72' FT OF FRONTAGE X 132' DEPTH LOTS OF PRIME REAL ESTATE WITH HIGH VISIBILITY AND TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA'S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. THIS PARCEL BOASTS
RESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC-3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUEWATER BRIDGES
(US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE, THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES!
RESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC-3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUEWATER BRIDGES
(US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE, THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES!
Location
Province ON
County Lambton
Area Sarnia
Zoning GC 3
Direction CHRISTINA ST N / EXMOUTH ST
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 72.0
Lot Depth 264.0
Garage No
Building
Lot Description Other
Faces CHRISTINA ST N / EXMOUTH ST
Story 2
Sewer Other
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 432640040
Ownership Freehold/None
Virtual Tour https://www.youtube.com/watch?v=MNlwp-lFZR4
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Listed by RE/MAX METROPOLIS REALTY
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