Homes for sale - 104 HIGHLAND Road, North Bay, ON P1B6K4

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$399,000

Est. payment - /mo

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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Central

MLS® Listing ID 40635676

Originating Board North Bay and Area REALTORS® Association

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. (id:24570)

Location

Province ON

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

+1(250) 882-3335

alex@victoriahomes.com

104 HIGHLAND Road North Bay, ON P1B6K4