13029 Lundys Lane Thorold, Ontario L0S 1A0

$1,799,900

Rare investment opportunity in Thorolds growing Niagara region! Over 2 acres of C5 Highway Commercial zoned land with endless potential uses, including commercial plaza, truck/trailer parking, storage, restaurants, convenience stores, drive-throughs, banquet halls, lodges, and more (with city approval). Property includes a detached 3-bed, 1-bath home currently generating approx. $3,000/month rental income plus a garage workshop.Directly across the street, a major new residential & commercial development by Bousfields Inc. is underway, featuring 46 detached homes, 264 townhouses, and 1,753 apartment units. To capitalize on this growth, the seller has proposed a new commercial plaza on site (under city review) site plan available on request. Excellent location with easy highway access. Gas line on property with well water & septic already in place. Whether youre looking to develop, operate a business, or hold for long-term appreciation, this property offers immediate rental income and tremendous future potential in a high-growth community. (id:50886)

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https://www.realtor.ca/real-estate/28928306/13029-lundys-lane-thorold-port-robinson-561-port-robinson