Property Description
Income now, Options later! Opportunity knocks on this Industrial Zoned Property (MR zone) with an existing residential use in a high visibility location! The 50 ft x 210 ft (0.24 acre) lot has an existing cottage-like 850+/- sq ft. home with 2 or 3 bedrooms, 1 bath and a newer 12'x19'-10" garage. The residential use is legal (non-conforming) and may be continued provided no alterations are made to the footprint or height of the home. Lots of opportunity here for investors and entrepreneurs! Investors will appreciate the income potential of the existing home and value of the site. Entrepreneurs might consider potential uses such as: a contractor's shop/yard, service shop, garage, machine shop, retail or wholesale outlet, an animal kennel/shelter to list just a few (full list of permitted uses available). Fully serviced with gas & hydro. Strong location, directly off Hwy 401 and minutes from to Hwy 402/403, London, Woodstock, Brantford, and the Kitchener-Waterloo/Cambridge area. The deep lot and existing services support future industrial use or continued residential occupancy under its legal non-conforming status. (id:63357)
Property Details
- Property Type
- Land
- Living Area
- 0 sqft
- Status
- Active
Location & Neighborhood
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Listing Courtesy of
Royal Lepage Triland Realty Brokerage
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