40
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$1,749,700
Est. payment /mo
New
529, 533, 537 CHRISTINA ST N Sarnia, ON N7T 5W5
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Sarnia
MLS Listing ID X12154607
Annual Tax Amount $12,504
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
CALLING ALL INVESTORS & ENTREPRENEURS! NOT ONE, NOT TWO, BUT THREE TENANTED PROPERTIES!!UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN THREE COMMERCIAL & RESIDENTIAL MIXED-USEBUILDINGS KNOWN AS #529, #533 & #537 CHRISTINA ST.N., SARNIA. 138' FT OF FRONTAGE X 132'DEPTH LOTS OF PRIME REAL ESTATE WITH HIGH VISIBILITY AND TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA'S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. >>THIS PARCEL BOASTS A: 3 BEDROOM, 1 BATH HOUSE WITH A UPPER 2+ BEDROOM, RESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUE WATER BRIDGES (US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE. THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES! ADD THIS RARE REAL ESTATE PARCEL TO YOUR PORTOFOLIO TODAY, IT IS ALREADY MAKING GOOD MONEY! NEW DEVELOPMENT IS A STONE'S THROW AWAY AT THE CHRISTINA ST/EXMOUTH ST CORRIDOR, BRINGING NEW GROWTH TO THE SARNIA COMMUNITY. ONE OF THE SELLERS IS A LICENSED REAL ESTATE AGENTIN THE PROVINCE OF ONTARIO.
Location
State ON
County Lambton
Community Sarnia
Area Lambton
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 138.35
Lot Depth 132.27
Others
Security Features No
Virtual Tour https://www.youtube.com/watch?v=MNlwp-lFZR4
Listed by RE/MAX METROPOLIS REALTY