$1,194,900
108 RUSSELL STREET N Madoc, ON K0K2K0
31
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$1,194,900
Est. payment /mo
3 BA
5,476 SqFt
Price Dropped by $5K
108 RUSSELL STREET N Madoc, ON K0K2K0
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,476 sqft
Price per Sqft $218
MLS® Listing ID X8252178
Originating Board Central Lakes Association of REALTORS®
Property Description
Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 Storey building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned commercial; but the property has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property! (id:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Listed by ROYAL LEPAGE PROALLIANCE REALTY
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