120 Vidal Street Sarnia, Ontario

$1,149,000

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PROPERTY INFO

ATTENTION DEVELOPERS & INVESTORS! LAND & BUILDING AVAILABLE IN THE HEART OF THE DOWNTOWN WATERFRONT BUSINESS AREA, KITTY-CORNER TO THE NEW 'SEASONS RETIREMENT COMMUNITY', SLATED FOR COMPLETION IN 2026. EXCELLENT OPPORTUNITY FOR A LOW-MAINTENANCE INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL. 3700 SQ FT, 1-FLOOR BUILDING DIVIDED INTO 3 UNITS & 26 PARKING SPACES. GC-2 ZONING ALLOWS FOR VARIOUS COMMERCIAL OPTIONS! 2 UNITS LEASED (TRIPLE-NET) & 1 UNIT CURRENTLY AVAILABLE FOR LEASE (FORMER DR. OFFICE, LISTED SEPARATELY). PROPERTY HAS 2 MUNICIPAL ADDRESSES BUT BEING SOLD AS 1 PARCEL (12O VIDAL ST. N. & 229 CROMWELL ST.). TENANT PAYS BASE RENT + HST. UTILITIES, PRO-RATED MUNICIPAL TAX, BUILDING INSURANCE, GROUND MAINTENANCE & WATER. TRIPLE-NET LEASE.

PROPERTY SPECS

Price $1,149,000

City Sarnia, Ontario

Address 120 VIDAL Street

Listing ID 24018832

Flooring Carpeted, Ceramic or Porcelain, Cushion or Lino or Vinyl, Laminate

Type Industrial/Commercial

Status For Sale

EXTENDED FEATURES

Attachment Style Free Standing, Multi-Unit Subtype Investment Property, Office(s), Plaza, Retail Acreage 0.370 Inclusions HOT WATER TANK OWNED Parking Common/Shared, On Site Amenities Corner Site, High Traffic Location, Shopping Nearby, Visual Exposure Ownership Freehold Rental Equipment No Building Amenities Alarm System, Finished Offices Fire Protection Smoke Detector Heating / Cooling Air Conditioned, Central Air Conditioning, Furnace Heating Fuel Natural Gas Utility Power AMPS Utility Water Municipal Water Sewer Sanitary Date Listed Aug 14, 2024 Days on Market 130 Parking Paved

Grocery Stores

Schools

Banks

Restaurants

Health

Parks

Entertainment

Transit

Fire Station

Police

519-948-8171

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Listing Agent: BARBARA MACDOUGALL

Listing Agency: CENTURY 21 FIRST CANADIAN CORP, BROKERAGE