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$ 1,048,000
Est. payment /mo
Active
120 VIDAL Street North Sarnia, ON N7T 5X5
3,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment Property,Office(s),Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $283
MLS Listing ID 26018763
Construction Status Approximate
Year Built 1953
Annual Tax Amount $21,808
Tax Year 2026
Property Sub-Type Investment Property,Office(s),Retail
Source WESC
Property Description
ATTENTION DEVELOPERS & INVESTORS! LAND & BUILDING AVAILABLE kitty corner to the proposed Sarnia Downtown Urban Revitalization project. The proposal includes a new grocery store, loft-style residences, a senior residence building, & various retail spaces designed to revitalize the area & draw more consumers downtown, creating a vibrant, economically viable neighborhood that stimulates sustainable growth in the area. ACT SWIFTLY & SEIZE THE OPPORTUNITY WITH THIS LOW-MAINTENANCE INVESTMENT. OVER $100,000 SPENT IN THE LAST 16 YRS INCLUDING: EXTERIOR FASCIA & ROOF '12, HI-EFFICIENCY FORCED AIR GAS FURNACE '09, CENTRAL AIR '16, '24, TENANT PAYS BASE RENT+HST, UTIL, LIABILITY & CONTENT INSURANCE, PRORAED MUN TAX, BUILDING INS, GRD MTCE, WATER (TRIPLE NET LEASE) *TOUCHBASE TO SHOW. 24 HRS IRREV. *SEE DOCUMENTS FOR LEASE & ENCROUCHMENT AGREEMENTS*SCHEDULE B TO BE INCL. WITH ALL OFFERS. PROPERTY HAS 2 MUNICIPAL ADDRESSES BUT SOLD AS 1 PARCEL (120 VIDAL ST. N. & 229 CROMWELL ST.)
Location
Province ON
Zoning GC-2
Interior
Heating Air Conditioned, Central Air Conditioning, Furnace
Cooling Air Conditioned, Central Air Conditioning, Furnace
Flooring Carpeted, Ceramic or Porcelain, Cushion or Lino or Vinyl, Laminate
Exterior
Roof Type Unknown
Building
Sewer Sanitary
Construction Status Approximate
Listed by CENTURY 21 FIRST CANADIAN CORP, BROKERAGE