17524 HIGHWAY 2 N/A Active

Quinte West,ON K8V 6M2

$ 5900000

- Bed

- Bath

9 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 9 sqft

Price per Sqft $655,555

MLS Listing ID X7375252

Annual Tax Amount $32,712

Tax Year 2023

Property Description

9.6 acres of 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 2024 & 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings (all leased). Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion as per attached PDF. 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.

Location

Province ON

County Hastings

Zoning C-7

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Available

Building

New Construction false

Others

Security Features No

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