533 CHRISTINA STREET N, Sarnia, Ontario, N7T5W5

Property Description

CALLING ALL INVESTORS & ENTREPRENEURS!! HERE IS YOUR OPPORTUNITY TO OWN A RESIDENTIAL & COMMERCIAL MIXED USE PARCEL KNOWN AS: 533 CHRISTINA ST.N., SARNIA. PRIME FRONTAGE BUILDING WITH HIGH VISIBILITY & TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA'S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. THIS PARCEL BOASTS A RESIDENTIAL TENANTED APARTMENT AS WELL AS LONG TERM ESTABLISHED COMMERCIAL TENANTS TO FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY FOR OVER 60+ YEARS. (GC-3) GENERAL COMMERCIAL 3 ZONING ALLOWS FOR A WIDE RANGE OF COMMERCIAL, RETAIL & SERVICE BUSINESSES. LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 8% CAP RATE. LOCATED NEAR THE BLUEWATER 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 PORTFOLIO TODAY, IT IS ALREADY MAKING GOOD MONEY! (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 3,500 sq ft (325.2 m²)
• Lot Size: 0.1090 acres (0.04 ha)
• Frontage: 36 ft (11 m)

Costs

• Annual Taxes: $7,234.53

Listing Provided by: RE/MAX METROPOLIS REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.