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Description

Prime Redevelopment Opportunity in Downtown Sarnia. This 27,000 sq ft building sits on a generous 0.939-acre lot. App 1/3rd of the building is finished and rented at $5,500/month and rest is ready for your vision and finishing touches. A building permit is already approved for the development of 12 residential apartments while retaining 10,000 sq ft of commercial space. The existing plans offer flexibility and can be modified to accommodate additional residential units. A pre-consultation has also been completed for a potential second building: a 6-storey tower with upto 36 apartment units. The property boasts 323 feet of frontage across three streets and is located next to a municipal parking lot. Ideally situated in the heart of Sarnia, it's within walking distance of the vibrant waterfront district and the St. Clair River.

Location Description

Wellington St And Mitton St S

Property Detail

  • Community: Sarnia
  • Property Type: Owner/Commercial
  • Garages: None
  • Annual Property Taxes : $ 19800
  • sqft

Facts and Features

  • Parking Type : None

Amenities

  • Heating : Gas Forced Air Open

Listing Contracted With: INTERNATIONAL REALTY FIRM, INC.

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