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$1,199,900
Available - For Sale
Listing ID: X8252178
Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 Storey building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned commercial; but the property has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property!
Price $1,199,900
Taxes: $8,821.02
Tax Type: Annual
Assessment: $361000
Assessment Year: 2023
Occupancy by: Vacant
Address: 108 Russell St North , Madoc, K0K 2K0, Ontario
Postal Code: K0K 2K0
Province/State: Ontario
Legal Description: LT 5 W/S RUSSELL ST PL 105; PT LT 6 W/S
Lot Size: 103.78 x 165.02 (Feet)
Directions/Cross Streets: Highway 62
Zoning: C2
Category: Office
Building Percentage: Y
Total Area: 5,476
Total Area Code:  Sq Ft
Office/Appartment Area: 5476
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway  
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: Public
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PROALLIANCE REALTY

108 Russell St North , Madoc, K0K 2K0, Ontario


 
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Type: Com - Office
Area: Hastings
Municipality: Madoc
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Lot Size: 103.78 x 165.02(Feet)
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Tax: $8,821.02
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