L9-10 16th Street E, Owen Sound, Ontario N4K 5N3

BIG BOX RETAIL AND HIGH DENSITY RESIDENTIAL DEVELOPMENT SITE. TRUNKLINE WATER AND SEWERS EXTENDED ACROSS REAR AND SIDES OF PROPERTY. 120 RESIDENTIAL CONDO'S AND PROPOSED FRESHCO GROCERY STORE TO BE BUILT ACROSS THE STREET WITH NEW SIGNALIZED TRAFFIC LIGHTS. PROPOSED ZONING IN OFFICIAL PLAN ' EAST CITY COMMERCIAL ' WHICH INCLUDES HIGH DENSITY RESIDENTIAL AND BIG BOX RETAIL DEVELOPMENT. CURRENTLY ZONED 8 ACRES C2-1 COMMERCIAL AND 25 ACRES M2-1 INDUSTRIAL = 33 ACRES. OVER 800 FEET FRONTAGE ON 16TH STREET ( HWY 26 ) AND 800 FEET FRONTAGE ON AN UNOPENED ROAD IN INDUSTRIAL PARK. ACROSS THE STREET FROM WALMART, HOME DEPOT, WINNERS, HOMESENSE, PRINCESS AUTO, BURGER KING, ETC. NUMEROUS NEW RESIDENTIAL SUBDIVISIONS BEING BUILT IN THIS AREA, DETAILED PROPERTY INFORMATION LOCATED IN THE ATTACHMENTS. (id:27476)

For sale is a prime development site suitable for big box retail and high-density residential projects. The property benefits from trunkline water and sewers extended across the rear and sides, making it an ideal location for 120 residential condos and a proposed Freshco grocery store. The development plan also includes new signalized traffic lights for added convenience.

The proposed zoning in the official plan is 'East City Commercial,' which allows for high-density residential and big box retail development. Currently, the property is zoned for 8 acres of C2-1 commercial and 25 acres of M2-1 industrial, totaling 33 acres. It boasts over 800 feet of frontage on 16th Street (Hwy 26) and 800 feet on an unopened road in the industrial park.

Strategically located across the street from Walmart, Home Depot, Winners, Homesense, Princess Auto, Burger King, and more, the property is in an area with numerous new residential subdivisions under construction. Detailed property information can be found in the attachments.

This property has a land size of 33 acres and is situated on 16th St E in Owen Sound, Ontario. The postal code for this property is N4K5N3, located in the community of Owen Sound.