17524 HIGHWAY 2 N/A new

Quinte West,ON K8V 6M2

$ 5900000

- Bed

- Bath

9 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 9 sqft

Price per Sqft $655,555

Subdivision Murray Ward

MLS Listing ID X12045611

Annual Tax Amount $32,712

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2024 & 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings (all leased). Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion as per attached PDF. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this center. Serious inquiries only-no sale assignments please. New grocery store is expected to open across the street adding additional retail destinations to this growing area, making the entire node more attractive for development.

Location

Province ON

County Hastings

Community Murray Ward

Area Hastings

Zoning C-7

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 550.0

Lot Depth 691.88

Building

New Construction false

Others

Security Features No

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