Pt Lt 16 Oil Heritage Road, Petrolia, Ontario N0N 1R0

Listed for:
$1,100,000
0 beds
0 baths
Listed 93 days ago
Pt Lt 16 Oil Heritage Road, Petrolia, Ontario N0N 1R0

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Listing provided by:
JUST FARMS REALTY INC.
MLS® number:
40539068
Agent:
Joanne Baines
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About

Hwy 21 (Oil Heritage Rd.) south of 402 (between Sarnia and London). Land on left just past County Rd 4 (Petrolia Line). Prime Commercial Opportunity in Petrolia! Currently an income-producing cash crop bare land, this plot enjoys Commercial-2 zoning, allowing for a multitude of permitted uses. Ideally situated within the urban growth boundary, directly behind a bustling McDonald's outlet and near a busy intersection. Also includes ready access to sanitary sewers and two gas lines. Property taxes for this property include a special assessment for an additional 6 years for access to a new storm drain. Perfect for entrepreneurs looking for a perfect business setup or savvy investors seeking an excellent holding opportunity. Seize this rare chance to own premium land in a rapidly developing locale! Additional 55 acres backing onto this farm could also be available with frontage on Petrolia Line. Inquire for more information. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is currently available for sale and offers a unique opportunity for commercial development in Petrolia. With a land size of 12.04 acres, this income-producing bare land is zoned as Commercial-2, allowing for a variety of permitted uses. Its prime location within the urban growth boundary, in close proximity to a busy intersection and a bustling McDonald's outlet, makes it an ideal investment.

In addition to its strategic location, the property also boasts access to sanitary sewers and two gas lines, further enhancing its development potential. It is worth noting that the property taxes include a special assessment for an additional 6 years, specifically for access to a new storm drain, adding to its value and appeal.

Entrepreneurs looking to establish a new business or savvy investors seeking a lucrative holding opportunity will find this property to be an excellent choice. The opportunity to own premium land in a rapidly developing locale is rare, making this property a highly sought-after investment.

Located on PT LT 16 OIL HERITAGE Road in Petrolia, Ontario, with the postal code N0N1R0, this property offers a prime location for commercial development and is an attractive prospect for those looking to capitalize on the area's growth and potential.