145-151 Mitton St S - Storefront Retail/Residential FOR SALE


Sarnia, ON N7T 3C5
$1,690,000 CAD
145-151 Mitton St S, Sarnia, ON for Sale
$1,690,000 CAD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

145-151 Mitton St S
Sarnia, ON N7T 3C5


HIGHLIGHTS

  • Corner Lot
  • Access to public transit
  • Walking distance to Sarnia's waterfront

OVERVIEW

Re-development opportunity in downtown Sarnia. 27,000 square foot building on 0.939 acres of land. Building is currently vacant and ready for finishing touches. Building permit approved and ready to start for creating 12 apartments and maintaining 10,000 square foot of commercial space. Plans easily redesigned to incorporate additional residential units. Pre-consultation meeting also completed for a new second building of 36 apartment units in a 6-storey tower. Frontage of 323' on 3 different streets. Municipal parking lot next door. Central location in Sarnia, walking distance to Sarnia's waterfront district and the St. Clair River.

FOR SALE DETAILS

PRICE

$1,690,000 CAD

PRICE/SF

$63 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

GC-1

APN/PARCEL ID

382940001705500

ASK ABOUT THIS PROPERTY

Rob LongoColdwell Banker Southwest RealtyMore Info

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Rob LongoColdwell Banker Southwest RealtyMore Info

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