Location, location, location! Construction of a new 5-lane Highway 400 overpass crossing at Lockhart Road & Salem Road, including reconstruction and widening to 5-lanes, buffered bike lanes, sidewalks will bring an abundance of exposure and traffic to this listing, across the street is an Environmentally protected green zone, furthermore Salem Secondary proposal for over 15,000 homes, mixed use, light industrial, retail etc. The opportunity here is outstanding, some potential options are but not limited to; owners willing to design build lease on the entire lot or severed portions, Indoor / Outdoor storage (30% lot coverage 63,600sqft), severed parcels individually for sale; 4x1.2ac lots $499,900 per lot. There is an existing building on the premises (private dwelling could be used for temporary office space), as well as a two storey barn (owners willing to renovate to allow for 30 units approximately 8.5'X14.5'X+/-8' high or 123.5 sqft floor area). ESA on property completed and available upon request. Owners willing to negotiate potential VTB if required. Light Industrial zoning allows for but not limited to; fast food drive thru, medical office, gym, animal shelter, bakery, manufacturing & processing, printing, publishing, self storage, warehousing, wholesale establishment, bank, hotel, assembly hall, automotive repair and more... (id:10452)

Property Details

Listing Office: RE/MAX Hallmark Chay Realty Brokerage