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$1,749,700
Available - For Sale
Listing ID: X12154607
CALLING ALL INVESTORS & ENTREPRENEURS! NOT ONE, NOT TWO, BUT THREE TENANTED PROPERTIES!!UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN THREE COMMERCIAL & RESIDENTIAL MIXED-USEBUILDINGS KNOWN AS #529, #533 & #537 CHRISTINA ST.N., SARNIA. 138' FT OF FRONTAGE X 132'DEPTH LOTS OF PRIME REAL ESTATE WITH HIGH VISIBILITY AND TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA'S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. >>THIS PARCEL BOASTS A: 3 BEDROOM, 1 BATH HOUSE WITH A UPPER 2+ BEDROOM, RESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUE WATER BRIDGES (US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE. THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES! ADD THIS RARE REAL ESTATE PARCEL TO YOUR PORTOFOLIO TODAY, IT IS ALREADY MAKING GOOD MONEY! NEW DEVELOPMENT IS A STONE'S THROW AWAY AT THE CHRISTINA ST/EXMOUTH ST CORRIDOR, BRINGING NEW GROWTH TO THE SARNIA COMMUNITY. ONE OF THE SELLERS IS A LICENSED REAL ESTATE AGENTIN THE PROVINCE OF ONTARIO.
Price $1,749,700
Taxes: $12,504.39
Tax Type: Annual
Occupancy by: Tenant
Address: 529, 53 CHRISTINA Stre North , Sarnia, N7T 5W5, Lambton
Postal Code: N7T 5W5
Province/State: Lambton
Directions/Cross Streets: CHRISTINA ST N / EXMOUTH ST
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Building Percentage: T
Total Area: .42
Total Area Code:  Acres
Retail Area Code: %
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX METROPOLIS REALTY

529, 53 CHRISTINA Stre North , Sarnia, N7T 5W5, Lambton


 
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Type: Com - Commercial Retail
Area: Lambton
Municipality: Sarnia
Neighbourhood: Sarnia
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Lot Size: x 132.27(Feet)
Approximate Age:
Tax: $12,504.39
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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