3365 Culp Road,Lincoln, ON L0R 2E0
Lincoln, ON L0R 2E0
Description
High-Yield Commercial Opportunity: Revitalized Plaza, Maximum Flexibility!Unlock Immediate Value & Future Growth: This meticulously renovated, single-story commercial plaza offers 10,580 sq ft of prime retail space on a sprawling 33,000 sq ft lot, just 3km from the QEW. Capitalize on strategic location and RUC-2 zoning, allowing for diverse tenant possibilities: daycare, veterinary, specialty retail, and more.Key Investment Highlights:Complete Revitalization: Benefit from recent upgrades including new framing, drywall, insulation, exterior cladding, and re-graveled floors, minimizing future capital expenditures.Six Individual Gas Meters: Streamline tenant billing and maximize operational efficiency.Subdivision Potential: Divide into up to 6 separate units, creating multiple income streams and increasing tenant flexibility.Strategic QEW Access: Leverage unparalleled visibility and accessibility for a high-traffic location.Versatile Unit Configuration: Two existing units (4,089 & 6,491 sq ft) offer immediate rental potential.RUC-2 Zoning Advantage: Tap into a wide range of permitted uses, attracting diverse and stable tenants.Expansive Land Parcel: 33,000 sq ft lot provides potential for future expansion or development.Investment Analysis:This property presents a unique opportunity to acquire a fully rejuvenated asset with significant income potential. The recent upgrades, coupled with the subdivision capability, offer investors the chance to maximize returns and attract a diverse tenant base. The strategic QEW location ensures consistent traffic, making this a highly desirable commercial destination.
Details
| MLS# | X12059545 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 21 |
| Listing Provided By | HOMELIFE/ROMANO REALTY LTD. | X12059545 510500 |
Features
| SQ Feet | 33,000 |
|---|---|
| Acreage | 0.76 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Lincoln |
| Postal Code | L0R 2E0 |
| Area | 980 Lincoln Jordan | Vineland |
| Listing VS Median (in L0R 2E0) | |
Price: $1,699,000 low | high Med: $849,504 SqFt: 33,000 low | high Med: 33,000 $ / SqFt: $51 low | high Med: $26 On site: 21 low | high Med: 21.000000 | |
