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Listed by Laurie Somers • RE/MAX METROPOLIS REALTY
$1,999,500
Est. payment /mo
18,295 SqFt
UPDATED:
10/25/2024 08:36 PM
Key Details
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,295 sqft
Price per Sqft $109
MLS Listing ID 40668964
Abv Grd Liv Area 18,295
Originating Board Mississauga
Annual Tax Amount $4,042
Lot Size 0.420 Acres
Acres 0.42
Property Description
Unbelievable Investment Opportunity To Own A Residential & Commercial Mixed-Use Parcel known as : #529, #533 & #537 Christina St. N., Sarnia. 138' Ft. Of Frontage of Prime Real Estate with high visibility and traffic count on Approx. 1/2 Acre's situated in the Downtown Core, close proximity to Sarnia's Centennial Park & beautiful Waterfront. This parcel boasts a Residential 3-Bedroom House, Residential Tenanted Apartments, & Commercial Buildings that have been home to established family owned Travel Agency & Printing Company. This package deal offers lots of room to expand or create new business & development. Currently, a good generating income with a 8.5 % CAP rate per year, which could increase with further development of the land. Residential & Commercial (GC3 Zoning). Hwy. #402 & the U.S. Border are a stones throw away. Investors will want to add this rare real estate parcel to their portfolio.
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 138.0
Lot Depth 396.0
Garage No
Building
Lot Description Other
Faces CHRISTINA ST N / EXMOUTH ST
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 432640038
Ownership Freehold/None
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