529, 533, 537 Christina Street N new Save Request In-Person Tour Request Virtual Tour
Sarnia,ON N7T 5W5
Key Details
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,295 sqft
Price per Sqft $95
MLS Listing ID 40729689
Abv Grd Liv Area 18,295
Annual Tax Amount $12,504
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Retail,Building and Land
Source Mississauga
Property Description
CALLING ALL INVESTORS & ENTREPRENEURS! NOT ONE, NOT TWO, BUT THREE TENANTED PROPERTIES!!UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN THREE COMMERCIAL & RESIDENTIAL MIXED-USEBUILDINGS 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 (GC3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUE WATER 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 AGENTIN THE PROVINCE OF ONTARIO.
Location
Province ON
County Lambton
Area Sarnia
Zoning GC-3
Direction CHRISTINA ST N / EXMOUTH ST
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 138.35
Lot Depth 132.27
Garage No
Building
Lot Description Other
Faces CHRISTINA ST N / EXMOUTH ST
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 432640038
Ownership Freehold/None