17524 HIGHWAY 2 N/A Active Save Request In-Person Tour Request Virtual Tour
Quinte West,ON K8V 6M2
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 5 sqft
Price per Sqft $780,000
MLS Listing ID X9253970
Annual Tax Amount $18,635
Tax Year 2024
Property Description
5.486 acres of commercial development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings. Severance has been approved to separate this 5.486 acre parcel fronting Hwy 2 from the remaining southern 4.102 acre portion as per attached severance sketch, which can be completed within approximately 2 weeks. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this centre. Serious inquiries only - no sale assignments please. Vendor take back mortgages are available & subject to negotiation. Closing of Sale must occur by November 2024, so any conditional periods for due diligence must be completed within that timeframe.
Location
Province ON
County Hastings
Zoning C-7
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Utilities Available Available
Parking Type None
Others
Security Features No