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$ 949,900
Est. payment | /mo
$ 949,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Ingersoll - North
MLS Listing ID X12893270
Annual Tax Amount $3,013
Tax Year 2025
Property Sub-Type Investment
Property Description
Prime redevelopment opportunity on a high-exposure corner lot with two major road frontages, zoned Highway Commercial (HC), offering exceptional potential along a major corridor just minutes from Highway 401. This well-maintained 3-bedroom home sits on a spacious corner lot with two road frontages, offering exceptional visibility and easy access from multiple directions. Ideal for families, investors, or those seeking a live/work opportunity, the home features a functional layout with bright principal rooms, a spacious kitchen, and comfortable living areas-perfect for immediate occupancy or rental income.Zoned Highway Commercial (HC) under the Town of Ingersoll's Zoning By-law 04-4160, this property offers incredible redevelopment potential along a high-traffic corridor just minutes from Highway 401. The HC zoning allows for a wide range of uses including restaurant or drive-thru, gas station, car dealership, retail, service shop, motel, and more, making it ideal for future commercial development.The large lot supports ample building footprint, parking, and excellent traffic flow, while dual frontages provide superior exposure and signage opportunities-perfect for high-visibility businesses. The existing home can continue as a legal use in the interim or be incorporated into future plans.A rare opportunity to secure a versatile property with strong income potential today and exceptional long-term upside. Flexible possession available. Don't miss this unique blend of residential comfort and commercial opportunity! *Opportunity for vendor take-back financing available.
Location
Province ON
County Oxford
Area Oxford
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 304.31
Lot Depth 113.08
Others
ParcelsYN No
Virtual Tour https://www.myvisuallistings.com/vtnb/362287
Listed by RE/MAX GARDEN CITY REALTY INC.
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