120 Vidal Street N, Sarnia, Ontario N7T 5X5

CORNER OF VIDAL STREET NORTH AND CROMWELL STREET ATTENTION DEVELOPERS AND INVESTORS! LAND & BUILDING AVAILABLE IN THE HEART OF THE DOWNTOWN RIVERFRONT BUSINESS AREA, KITTY CORNER TO THE estimated $100 Million Dollar SEASONS RETIREMENT COMMUNITY WHICH IS SLATED FOR COMPLETION OF 160 INDEPENDANT APARTMENTS, 144 RETIREMENT HOMES & 17 TOWNHOMES BY 2026. THIS IS AN EXCELLENT OPPORTUNITY FOR A LOW MAINTENANCE INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL INCL RES CONVERSION. 3700 SQ. FT. ONE FLOOR BUILDING DIVIDED INTO 3 UNITS WITH 26 PARKING SPACES. ZONING IS GC2 WHICH ALLOWS FOR VARIOUS COMMERCIAL & RES OPTIONS! ONE UNIT CURRENTLY LEASED (TRIPLE NET) AS RETAIL & TWO UNITS AVAILABLE FOR LEASE OR OWNER OCCUPANCY (FORMER DOCTOR'S OFFICE). (id:27476)

Conveniently situated in the heart of the downtown riverfront business area, this property is in close proximity to public transit and offers freehold ownership. With a total of 26 parking spaces, this land and building present an attractive opportunity for developers and investors.

Located kitty corner to the estimated $100 million dollar Seasons Retirement Community, this property is poised for future development potential. The 3700 sq. ft. one-floor building is divided into 3 units, with one unit currently leased as retail on a triple net basis. The remaining two units are available for lease or owner occupancy, one of which was formerly a doctor's office. The zoning is GC2, allowing for various commercial options.

Offered for sale, this property boasts a land size of 0.37 acres and is equipped with land amenities such as public transit. Situated at 120 Vidal Street N in the city of Sarnia, Ontario, the property features a building exterior finish of metal and other materials, with a single story structure.