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North Bay (central),ON P1B6K4
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Central
MLS Listing ID X11997044
Originating Board North Bay and Area REALTORS® Association
Property Description
Prime Investment Opportunity! Ideally situated along Algonquin Avenue at a high-visibility, signalized intersection, this property offers unparalleled exposure and accessibility. With flexible zoning and municipal support, the site is primed for a range of development possibilities including an apartment complex (22 traditional or 40 micro-units) and other residential opportunities. While only a portion is currently zoned R3, the vendor is committed to working with buyers to facilitate zoning adjustments and ensure a smooth sale process in compliance with site plan regulations. Under its C4 zoning designation, the property is also an ideal location for commercial ventures such as quick-service restaurants, retail stores, medical and professional offices, or entertainment establishments. A recent lot survey and a 2022 Phase II Environmental Site Assessment confirm the site's readiness for development. Whether you're an investor seeking strong returns or an entrepreneur with a vision, this prime location offers limitless potential for long-term success. Don't miss out on this exceptional opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No