3365 Culp Road Lincoln, Ontario L0R 2E0
$1,699,000
High-Yield Commercial Opportunity: Revitalized Plaza, Maximum Flexibility!Unlock Immediate Value & Future Growth: This meticulously renovated, single-story commercial plaza offers 10,580 sq ft of prime retail space on a sprawling 33,000 sq ft lot, just 3km from the QEW. Capitalize on strategic location and RUC-2 zoning, allowing for diverse tenant possibilities: daycare, veterinary, specialty retail, and more.Key Investment Highlights:Complete Revitalization: Benefit from recent upgrades including new framing, drywall, insulation, exterior cladding, and re-graveled floors, minimizing future capital expenditures.Six Individual Gas Meters: Streamline tenant billing and maximize operational efficiency.Subdivision Potential: Divide into up to 6 separate units, creating multiple income streams and increasing tenant flexibility.Strategic QEW Access: Leverage unparalleled visibility and accessibility for a high-traffic location.Versatile Unit Configuration: Two existing units (4,089 & 6,491 sq ft) offer immediate rental potential.RUC-2 Zoning Advantage: Tap into a wide range of permitted uses, attracting diverse and stable tenants.Expansive Land Parcel: 33,000 sq ft lot provides potential for future expansion or development.Investment Analysis:This property presents a unique opportunity to acquire a fully rejuvenated asset with significant income potential. The recent upgrades, coupled with the subdivision capability, offer investors the chance to maximize returns and attract a diverse tenant base. The strategic QEW location ensures consistent traffic, making this a highly desirable commercial destination. (id:50886)
Property Details
MLS® Number | X12059545 |
Property Type | Business |
Community Name | 980 - Lincoln-Jordan/Vineland |
Building
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Exterior | 33000 Sqft |
Size Interior | 33,000 Ft2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 189 Ft ,1 In |
Size Frontage | 172 Ft ,8 In |
Size Irregular | Bldg=172.67 X 189.15 Ft |
Size Total Text | Bldg=172.67 X 189.15 Ft |
Zoning Description | Ruc-2 (rural Commercial) |
Contact Us
Contact us for more information
Zakariakhan Zakaria
Salesperson
3500 Dufferin St., Ste. 101
Toronto, Ontario M3K 1N2
(416) 635-1232
(416) 636-0246
www.homeliferomano.com/
Max Ortoli
Salesperson
(416) 970-0352
www.mngteam.ca/
www.facebook.com/w5realestate/
twitter.com/mortoli
www.linkedin.com/in/max-ortoli-8b850952/
3500 Dufferin St., Ste. 101
Toronto, Ontario M3K 1N2
(416) 635-1232
(416) 636-0246
www.homeliferomano.com/
Gian Randazzo
Broker
www.mngteam.ca/
www.facebook.com/mngteam
twitter.com/MNGTeamRealty
www.linkedin.com/company/mngteam/?viewAsMember=true
3500 Dufferin St., Ste. 101
Toronto, Ontario M3K 1N2
(416) 635-1232
(416) 636-0246
www.homeliferomano.com/