203 RUSSELL STREET, Centre Hastings, Ontario, K0K2K0

Property Description

Prime Commercial Opportunity with Redevelopment Potential - 203 Russell Street N, Madoc. Positioned on a high-exposure corner in the heart of Madoc, this nearly 1-acre commercial property offers exceptional visibility and versatility for investors, owner-operators, and developers alike. The site features approximately 0.96 acres with strong frontage and access along Russell Street (Hwy 62), benefiting from consistent traffic flow and excellent exposure-ideal for a wide range of commercial uses. Currently improved with a commercial building previously used for food service, the property provides a functional footprint for those looking to renovate, reposition, or repurpose the existing structure. Zoned C1 (Commercial), the property allows for a broad spectrum of permitted uses, making it equally attractive as a turnkey location or a strategic long-term investment. Where this property truly stands out is its redevelopment potential. With its generous lot size, corner positioning, and strong exposure, the site presents a compelling opportunity for future intensification-whether through a new commercial concept, mixed-use development, or a modern reimagining of the existing improvements. Located within a growing regional community and surrounded by established residential neighborhoods, this is a rare chance to secure a high-profile site with both immediate utility and long-term upside. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 3,600 sq ft (334.5 m²)

Costs

• Annual Taxes: $1.00

Listing Provided by: EKORT REALTY LTD.
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.