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16-20 TORONTO STREET S Grey Highlands

16-20 TORONTO STREET S, Grey Highlands

$998,000

5,582 Square Feet
INVESTORS TAKE NOTE: THIS PROPERTY IS PERFECT FOR REDEVELOPMENT: Part of the Downtown Markdale Development area this lot is ready for commercial investment. It fronts directly onto Hwy 10 at one of the busiest intersections in Grey County. It is a restaurant in the lower level and 3 apartments above. In it's current form, it is only using half the lot space, this would be perfect for for a multi story apt building with lower level retail. It is a short walk to the 300 unit subdivision currently under construction with by Devonleigh Homes across the street, with most homes in Phase 1 already occupied. Don't miss this opportunity to get into this growing community, with over 600 hundred homes slated for construction in Markdale this is a very unique offering to own a part of downtown core. REDEVLOPMENT OPPORTUNITY - The town has indicated that they would encourage any buyer to consider redeveloping the land and that council would engage with any developer who brought a vision for the land and that the lot could house a multi unit building potentially of 4 storeys. (id:45839)
  • Listing ID: X11935392
  • Property Type: Business
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Details

  • Amenities Nearby: Ski hill, Highway
  • Transaction: For sale
  • Zoning Description: C1

Building

  • Fireplace Present: False
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Size Exterior: 5582 sqft
  • Size Interior: 5582 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Ski hill, Highway
  • Sewer: Sanitary sewer
  • Size Depth: 165 ft
  • Size Frontage: 79 ft
  • Size Irregular: Bldg=79 x 165 FT

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    This property for sale is located at 16-20 TORONTO STREET S in Grey Highlands. It was last modified on January 22nd, 2025. Contact Christine Smith to schedule a viewing or to discover other Grey Highlands properties for sale.

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