High profile corner site is comprised of 2 properties totaling approximately 1.6 acres assembled to create one development site. Located at the crossing of 2 major arterial high traffic routes, this coveted location possesses excellent visibility and accessibility with its 3 existing points of ingress and egress. Both properties are zoned Highway Commercial permitting many uses including an area-rare QSR drive thru zoning designation. Site improvements include a 3,892 sf block building containing a Convenience Store with 3-Bay Service Garage and a Gas Bar with a 1,426 sf Canopy. Very attractive long term NNN income with recently signed 20 year lease. Much interest from multiple QSR brands. Tremendous growth planned for this area. Both municipal water and sewer lines have been installed to the property lot line for future servicing and redevelopment. Phase 2 Environmental Assessment was recently completed. Both income property and vacant land must be purchased together.
MLS# | N11982053 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 22 |
Listing Provided By | SOTHEBY`S INTERNATIONAL REALTY CANADA | N11982053 118900 |
SQ Feet | 3,892 |
---|---|
Acreage | 0.09 |
Province | ON |
---|---|
Region | Simcoe |
City | Innisfil |
Postal Code | L9S |
Area | Rural Innisfil |
Listing VS Median (In L9S) | |
Price: $7,500,000 low | high Med: $1,874,500 SqFt: 3,892 low | high Med: 12,083 $ / SqFt: $1,927 low | high Med: $518 On site: 22 low | high Med: 77.000000 |