CALLING ALL INVESTORS & ENTREPRENEURS! NOT ONE, NOT TWO, BUT THREE TENANTED PROPERTIES!! UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN THREE COMMERCIAL & RESIDENTIAL MIXED-USE BUILDINGS KNOWN AS #529, #533 & #537 CHRISTINA ST.N., SARNIA. 138’ FT OF FRONTAGE X 132’ DEPTH LOTS OF PRIME REAL ESTATE WITH HIGH VISIBILITY AND TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA’S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. >> THIS PARCEL BOASTS A: 3 BEDROOM, 1 BATH HOUSE WITH A UPPER 2+ BEDROOM, RESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC-3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUEWATER BRIDGES (US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE. THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES! ADD THIS RARE REAL ESTATE PARCEL TO YOUR PORTOFOLIO TODAY, IT IS ALREADY MAKING GOOD MONEY! NEW DEVELOPMENT IS A STONE’S THROW AWAY AT THE CHRISTINA ST/EXMOUTH ST CORRIDOR, BRINGING NEW GROWTH TO THE SARNIA COMMUNITY. ONE OF THE SELLERS IS A LICENSED REAL ESTATE AGENT IN THE PROVINCE OF ONTARIO.
Property Attributes
ID#25010339
Type Commercial
City Sarnia
AreaSarnia
Postal Code N7T 5W5
StyleResidential,Retail
Taxes$ 11300
Price$ 1,749,700
Bedrooms 0
Full Bathrooms 0
Half Bathrooms 0
Lot Size0.42 Acres
Data Source:
Windsor-Essex (WECAR) / Sarnia-Lambton (SLREB)
Sewer
Sanitary
Zoning
GC-3
Property Type
Industrial/Commercial
Transaction Type
Sale
Tax Year
2024
Status
Active
District
Sarnia
City
Sarnia
Heating Cooling
Central Air Conditioning
Major Area
Sarnia-Lambton
Year Built Description
Unknown
Virtual Tour
MNlwp-lFZR4
DOM
29
Heating Fuel
Natural Gas