70 Murphy Street Quinte West, Ontario K8V 0A8

$1,495,000

Attention Builders and Investors! An Incredible and Rare Corner Development Opportunity awaits in Downtown Trenton! This LARGE DOWNTOWN CORNER COMMERCIAL LOT, located at the intersection of MURPHY AND MIDDLE STREETS, offers ENDLESS POTENTIAL for COMMERCIAL AND RESIDENTIAL USES. Ideal for MIXED-USE DEVELOPMENT, the lot is suitable for a variety of possibilities, including a CHILD CARE CENTRE, PLACE OF WORSHIP, RETIREMENT HOME, and more (CHECK ATTACHED DOWNTOWN COMMERCIAL BY-LAW FOR ALL PERMITTED USES).Zoned C2-4, the property comes with a CONCEPT PLAN for a 6-STOREY BUILDING featuring 3 COMMERCIAL UNITS, 1 OFFICE RENTAL SPACE, and 47 RESIDENTIAL UNITS (7 TWO-BEDROOM + DEN, 34 TWO-BEDROOM, AND 6 ONE-BEDROOM UNITS), along with 51 PARKING SPACES.The lot is ALREADY PAVED and equipped with CITY WATER AND SEWER CONNECTIONS. Located in a PRIME AREA, it is just a 2-MINUTE WALK to TIM HORTONS, TACO TIME, LCBO, and within close proximity to SHOPPERS DRUG MART, METRO, TRENTON MARINA, and the TRENT RIVER. The location ensures STEADY FOOT TRAFFIC from both locals and visitors, making it PERFECTLY SUITED FOR MIXED-USE DEVELOPMENT and offering DUAL INCOME STREAMS from commercial and residential spaces.Dont miss this extraordinary opportunity to build something remarkable in the heart of Downtown Trenton! Contact the listing agent today for more details! (id:50886)

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https://www.realtor.ca/real-estate/27790132/70-murphy-street-quinte-west