REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,199,800
Est. payment | /mo
$ 1,199,800
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Sarnia
MLS Listing ID X12154540
Annual Tax Amount $10,416
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
CALLING ALL INVESTORS & ENTREPRENEURS! TWO TENANTED PROPERTIES! UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN TWO COMMERCIAL & RESIDENTIAL MIXED-USE BUILDINGS KNOWN AS #533 & #537 CHRISTINA ST.N., SARNIA. 72' FT OF FRONTAGE X 132' DEPTH LOTS OF PRIME REAL ESTATE WITH HIGH VISIBILITY AND TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA'S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. THIS PARCEL BOASTSRESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC-3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUEWATER BRIDGES(US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE, THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES!
Location
Province ON
County Lambton
Area Lambton
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 72.0
Lot Depth 264.0
Others
Security Features No
ParcelsYN No
Virtual Tour https://www.youtube.com/watch?v=MNlwp-lFZR4
Listed by RE/MAX METROPOLIS REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN