$ 399,000
104 HIGHLAND RD North Bay, ON P1B 6K4
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 399,000
Est. payment /mo
Active
104 HIGHLAND RD North Bay, ON P1B 6K4
UPDATED:
11/23/2024 06:16 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10708148
Annual Tax Amount $9,024
Tax Year 2023
Property Description
Welcome to an exceptional investment opportunity in North Bay's thriving commercial district. This land is nestled in a bustling enclave along Algonquin Avenue, boasting a coveted position at a signalized intersection, ensuring maximum visibility and accessibility. Embraced by flexible zoning and bolstered by city support, this opportunity promises a journey toward realizing your entrepreneurial dreams or developing an apartment complex (22 traditional or 40 Micro units), also potential for other residential opportunities. While some zoning work is required due to only a small portion being zoned R3, the vendor is committed to collaborating with prospective purchasers to streamline the sale process and ensure compliance with the appropriate site plan and zoning regulations. With excellent exposure and convenient access, it presents an ideal setting for a range of commercial ventures under the C4 zoning with the potential for quick-service restaurants, retail stores, medical and professional offices, or an entertainment establishment. The recent diagram demonstrates the lot size and, a recent 2022 clean Phase II Environmental Site Assessment are available for laying the groundwork for swift development. Whether you're an astute investor or a visionary entrepreneur, this property offers immense potential for lucrative returns and long-term success.
Location
Province ON
County Nipissing
Zoning C4R3
Rooms
Kitchen 0
Interior
Cooling Unknown
Exterior
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Unknown
Building
Lot Description Irregular Lot
New Construction false
Others
Security Features Unknown
Listed by REALTY EXECUTIVES Local Group Inc. Brokerage
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