ON > Quinte West
Quinte West, ON K8V 6M2,17524 HIGHWAY 2 N/A
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Quinte West, ON K8V 6M2,17524 HIGHWAY 2 N/A
Quinte West, ON K8V 6M2,17524 HIGHWAY 2 N/A
Quinte West, ON K8V 6M2,17524 HIGHWAY 2 N/A
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 3,900,000
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17524 HIGHWAY 2 N/A Quinte West, ON K8V 6M2

5 SqFt

UPDATED:

08/14/2024 03:34 PM

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 5 sqft

Price per Sqft $780,000

MLS Listing ID X9253970

Annual Tax Amount $18,635

Tax Year 2024

Property Description

5.486 acres of commercial development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings. Severance has been approved to separate this 5.486 acre parcel fronting Hwy 2 from the remaining southern 4.102 acre portion as per attached severance sketch, which can be completed within approximately 2 weeks. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this centre. Serious inquiries only - no sale assignments please. Vendor take back mortgages are available & subject to negotiation. Closing of Sale must occur by November 2024, so any conditional periods for due diligence must be completed within that timeframe.

Location

Province ON

County Hastings

Zoning C-7

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Available

Building

New Construction false

Others

Security Features No

Listed by MARINO LOCATIONS LIMITED
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17524 HIGHWAY 2 N/A

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