ID 715120

104 HIGHLAND Road, North Bay, Ontario P1B 6K4

104 HIGHLAND Road, North Bay, Ontario P1B 6K4

$399,000.00

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 ... read more

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:25417)

  • Listing ID: 40635676
  • Property Type: Vacant Land
Property
Ownership: Freehold
Lot Size: Under 1/2 Acre
Building
HVAC: Fireplace
Basement: None
Utilities: Telephone and Municipal Sewage System
Location
City: North Bay
Province: Ontario
Nearby Amenities: High Traffic Area, Public Transit and Schools

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104 HIGHLAND Road, North Bay, Ontario P1B 6K4
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This property, located on HIGHLAND Road in North Bay Ontario, was published on August 21st, 2024. See if this land suits your needs, or speak with an agent about subscribing to similar land. At MoveMeTo.com, we make finding land for sale in North Bay convenient.