MLS: 10327279
386 TRANQUILLE Road
$1,598,888
Great opportunity for redevelopment with this centrally located property on the Tranquille corridor. Currently tenanted with 2 street front commercial units and 3 residential units above. Gross leasable area of the building is 4780sqft. Building and land offers future redevelopment potential (CNS zoning allows for mixed use commercial/residential, hotels, office, retail etc). Property can be accessed from Hilltop Ave or street frontage of Tranquille. Land size is 11,819 sqft and the building is approximately 5000sqft. Current commercial leases run through March 2025 and Dec 2025. Municipal tax incentive for future development. This area is ripe for redevelopment with municipal tax incentives - be a part of the growth on The Shore with this excellent investment property. (id:6770)
Investment Opportunities < 1 Acre NewListed by Brendan Shaw
Brendan Shaw Real Estate Ltd.
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Overview
- Price $1,598,888
- MLS # 10327279
- Water Municipal water
- Sewer Municipal sewage system
- Listing Agent Brendan Shaw
- Listing Office Brendan Shaw Real Estate Ltd.
Contact an agent for more information or to set up a viewing.
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