104 Highland Road North Bay, Ontario P1B 6K4
$399,000
Welcome to an exceptional investment opportunity in North Bay's thriving commercial district. This land is nestled in a bustling enclave along Algonquin Avenue, boasting a coveted position at a signalized intersection, ensuring maximum visibility and accessibility. Embraced by flexible zoning and bolstered by city support, this opportunity promises a journey toward realizing your entrepreneurial dreams or developing an apartment complex (22 traditional or 40 Micro units), also potential for other residential opportunities. While some zoning work is required due to only a small portion being zoned R3, the vendor is committed to collaborating with prospective purchasers to streamline the sale process and ensure compliance with the appropriate site plan and zoning regulations. With excellent exposure and convenient access, it presents an ideal setting for a range of commercial ventures under the C4 zoning with the potential for quick-service restaurants, retail stores, medical and professional offices, or an entertainment establishment. The recent diagram demonstrates the lot size and, a recent 2022 clean Phase II Environmental Site Assessment are available for laying the groundwork for swift development. Whether you're an astute investor or a visionary entrepreneur, this property offers immense potential for lucrative returns and long-term success. (id:50886)
Property Details
| MLS® Number | X10708148 |
| Property Type | Vacant Land |
| Community Name | Central |
| Amenities Near By | Public Transit |
| Features | Flat Site |
Building
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Irregular | Unit=126.72 |
| Size Total Text | Unit=126.72|under 1/2 Acre |
| Zoning Description | C4r3 |
https://www.realtor.ca/real-estate/27317079/104-highland-road-north-bay-central-central
Contact Us
Contact us for more information
Mike Burman
Broker of Record
teamburman.com/
www.facebook.com/TeamBurman/
325 Main Street, West
North Bay, Ontario P1B 2T9
(705) 478-8588
Josee Laperle
Salesperson
325 Main Street, West
North Bay, Ontario P1B 2T9
(705) 478-8588
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January 14 2025 04:58:56
North Bay and Area REALTORS® Association
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