Prime Redevelopment Opportunity in Downtown Sarnia. This 27,000 sq ft building sits on a generous 0.939-acre lot and is currently vacant, ready for your vision and finishing touches. A building permit is already approved for the development of 12 residential apartments while retaining 10,000 sq ft of commercial space. The existing plans offer flexibility and can be modified to accommodate additional residential units. A pre-consultation has also been completed for a potential second building: a 6-storey tower with upto 36 apartment units. The property boasts 323 feet of frontage across three streets and is located next to a municipal parking lot. Ideally situated in the heart of Sarnia, it's within walking distance of the vibrant waterfront district and the St. Clair River.
MLS# | X12077612 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 11 |
Listing Provided By | INTERNATIONAL REALTY FIRM, INC. | X12077612 306300 |
SQ Feet | 27,000 |
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Acreage | 0.62 |
Province | ON |
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Region | Lambton |
City | Sarnia |
Postal Code | N7T |
Area | Sarnia |
Listing VS Median (In N7T) | |
Price: $1,290,000 low | high Med: $1,290,000 SqFt: 27,000 low | high Med: 27,000 $ / SqFt: $48 low | high Med: $48 On site: 11 low | high Med: 11.000000 |