Attention to all investors!! An UNIQUE and rare RE-DEVELOPMENT/ RENOVATION opportunity! This 90’ x 114’ Lot with Commercial Structures has lots of potential and ready for you to RE-DEVELOP. This property is located right at the busy historic downtown of Brockville, with great investment purposes, no matter for rent, doing flip or re-building from scratch. For renting purposes: The structure at the right of the lot had been fully renovated, offering FOUR 1-bedroom units with appliances. All 4 units are rented, producing $4,800 monthly, all comes with separate electric, water & gas lines. For renovation: Potential of adding 2 more units for extra income, also comes with separate electric, water & gas lines. The structure at the back and at the right may need extensive upgrades or renovation for future commercial use. For re-development: Potential for demolished and rebuilt a condo/apartment/large commercial. (City may support the redevelopment. Buyers do their own due diligence).
MLS# | X9515244 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Extension |
Days On Site | 84 |
Listing Provided By | HOME RUN REALTY INC. | Not Provided |
SQ Feet | 3,000 |
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State | ON |
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County | Leeds & Grenville |
City | Brockville |
Zip Code | K6V 5A6 |
Area | 810 Brockville |
Listing VS Median (in K6V 5A6) | |
Price: $675,000 low | high Med: $675,000 SqFt: 3,000 low | high Med: 3,000 $ / SqFt: $225 low | high Med: $225 On Site: 84 low | high Med: 84.000000 |