10
See all 10 photos
$998,000
Est. payment /mo
5,582 SqFt
Active
16-20 TORONTO ST S Grey Highlands, ON N0C 1H0
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UPDATED:
01/22/2025 05:54 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,582 sqft
Price per Sqft $178
Subdivision Markdale
MLS Listing ID X11935392
Annual Tax Amount $5,500
Tax Year 2024
Property Description
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.
Location
Province ON
County Grey County
Community Markdale
Area Grey County
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Community Features Skiing, Major Highway
Lot Frontage 79.0
Lot Depth 165.0
Building
New Construction false
Listed by Century 21 In-Studio Realty Inc.