16-20 Toronto Street S Grey Highlands, Ontario N0C 1H0

5,582 ft2
Hot Water Radiator Heat

$998,000

INVESTORS TAKE NOTE: THIS PROPERTY IS PERFECT FOR REDEVELOPMENT: Part of the Downtown Markdale Development area this lot is ready for commercial investment. It fronts directly onto Hwy 10 at one of the busiest intersections in Grey County. It is a restaurant in the lower level and 3 apartments above. In it's current form, it is only using half the lot space, this would be perfect for for a multi story apt building with lower level retail. It is a short walk to the 300 unit subdivision currently under construction with by Devonleigh Homes across the street, with most homes in Phase 1 already occupied. Don't miss this opportunity to get into this growing community, with over 600 hundred homes slated for construction in Markdale this is a very unique offering to own a part of downtown core. REDEVLOPMENT OPPORTUNITY - The town has indicated that they would encourage any buyer to consider redeveloping the land and that council would engage with any developer who brought a vision for the land and that the lot could house a multi unit building potentially of 4 storeys. (id:57975)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number X11935392
Property Type Business
Community Name Markdale
Amenities Near By Ski Hill, Highway

Building

Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Exterior 5582 Sqft
Size Interior 5,582 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Ski Hill, Highway
Sewer Sanitary Sewer
Size Depth 165 Ft
Size Frontage 79 Ft
Size Irregular Bldg=79 X 165 Ft
Size Total Text Bldg=79 X 165 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/27829845/16-20-toronto-street-s-grey-highlands-markdale-markdale

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