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$5,125,000
Est. payment /mo
2 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2
Square Footage 2 sqft
Price per Sqft $2,562,500
Subdivision 459 - Ridley
MLS® Listing ID X12788308
Lot Size 2.350 Acres
Acres 2.35
Property Description
VENDOR TAKE BACK FINANCING may be available. The Vendor has indicated a willingness to consider meaningful vendor take-back financing for a financially qualified purchaser, subject to mutually acceptable terms and conditions. RARE COMMERCIAL LAND DEVELOPMENT OPPORTUNITY located along the Fourth Avenue commercial corridor. A corner lot with 400 feet frontage along Fourth and offers easy access toHighway #406. This property is in close proximity to Smart Centres, the Fourth Avenue West Shopping Centre, Marotta Family Hospital, First onFourth Condominiums and many retail and service commercial enterprises. West St. Catharines is undergoing significant transformation withdevelopments zoned for high-intensity; mixed use and long term care development considerations, as well as, residential projects. There is astrong push for residential intensification and mixed use developments in this area which will only make ownership of this property moreattractive. Have a look at the attached brochure which provides an excerpt of permitted uses within the C4-Major Commercial Zone. This is anopportunity worth considering whether for immediate or short term development, or as a longer term land holding for investment purposes. FIRST MORTGAGE financing may be available for a portion of the purchase price at a commercially competitive interest rate and for a mutually agreed term. Call to discuss. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
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Listed by ROYAL LEPAGE NRC REALTY
NEARBY SCHOOL & BUSINESS
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