Retail

40 Frankford Crescent, Quinte West

Commercial multi-unit investment opportunity featuring 15 units in total, including 14 commercial units and 1 residential unit, totaling...

    $1,500,000

    Commercial multi-unit investment opportunity featuring 15 units in total, including 14 commercial units and 1 residential unit, totaling approximately 14,752 sqft. The property is currently occupied by commercial tenants and offers separate hydro metering for each unit. Zoned SM-1, with a rezoning process currently underway to allow for the conversion of the entire building into residential units. During the construction process following rezoning approval, the building is expected to allow for continued mixed-use occupancy until the residential conversion is completed (subject to applicable approvals and requirements). A great opportunity for investors, commercial landlords, or developers looking to acquire an income-producing property with future residential redevelopment potential.

    Property Summary
    Property Type:Retail
    Availability:For sale
    Land Size:361.45 x 150 FT
    Parking:Other
    MLS® Number:X13548188
    Building Details
    Interior Size:14752 sq ft
    Heating Type:Forced air
    Fireplace:None
    Cooling:Partially air conditioned
    Land Details
    Frontage:361 ft ,5 in
    Depth:150 ft
    Water:Municipal water
    Zoning Description:SM-1

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