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$5,975,000
V/L Mersea Rd 5
Leamington, Ontario, Ontario, N8H3V6
MLS® Number: 25024253
Property description
This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area.
Building information
Land information
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Courtesy of CENTURY 21 LOCAL HOME TEAM REALTY INC.
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