Property Description
Located in the thriving municipality of Springwater, 1285 Bayfield Street North presents a prime investment opportunity with the potential to generate over $130,000 in net annual income when fully leased. Situated just minutes from Highway 400 and Bayfield Street, this 1.305-acre property offers excellent visibility and accessibility and is zoned CG - General Commercial, making it ideal for a broad range of uses including storage, retail, and other commercial operations. The site also offers strong owner-user potential, allowing an occupier to run their own business while benefiting from additional rental income. Featuring a 6,163 SF commercial building currently owner/tenant occupied, the property provides immediate income or flexibility for future use. Strategically located at the intersection of Bayfield Street and Snow Valley Road-an area targeted for higher-order retail and employment-generating development under the Midhurst Settlement Area Secondary Plan-the property is designated for Commercial/Mixed Use, delivering both strong short-term cash flow and long-term redevelopment potential. (id:63357)
Property Details
- Bathrooms
- 5
- Living Area
- 6,163 sqft
- Status
- Active
Location & Neighborhood
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