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2 Main St E 0.52 Acres of Commercial Land Offered at $1,424,150 USD in New Tecumseth, ON L0G 1A0

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INVESTMENT HIGHLIGHTS

  • Corner Lot
  • Multiple Uses Permitted
  • Access to Public Transit

EXECUTIVE SUMMARY

Over Half Acre Of Commercial Vacant Land Located In Central Downtown Of Rapidly Growing Beeton, Ontario. Large Corner Lot With Two Road Frontages On Main Street East And Centre Street North. The City Of Beeton Is Currently Going Through A Major Intensification In Zoning And Infrastructure To Allow For Higher Density Redevelopment. The Land Is Zoned And Designated As Downtown Commercial Core Within The New Tecumseth Official Plan - Great Land Value And Amazing Opportunity For Commercial And Residential Redevelopment. The Zoning Permits A Wide Variety Of Urban Uses, Including Medium And High Density Residential And Commercial Uses. The Property Is Near Site Plan Approval For A 6 Storey Building With 39 Residential Units, 71 Parking Spaces And A Total Gross Floor Area Of 43,424 Square Feet. **** EXTRAS **** Central Location In Downtown Beeton, Over Half Acre Corner Lot, Exceptional Street Exposure On Two Main Streets, Great Development Opportunity for Any Commercial And Residential Uses.

PROPERTY FACTS

Price $1,424,150 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units - Condo
Total Lot Size 0.52 AC
Zoning DBC - Commercial Development

1 LOT AVAILABLE

Lot

Price $1,424,150 USD
Price Per AC $2,738,750.66 USD
Lot Size 0.52 AC

Over Half Acre Of Commercial Vacant Land Located In Central Downtown Of Rapidly Growing Beeton, Ontario. Large Corner Lot With Two Road Frontages On Main Street East And Centre Street North. he Land Is Zoned And Designated As Downtown Commercial Core

DESCRIPTION

Over Half Acre Of Commercial Vacant Land Located In Central Downtown Of Rapidly Growing Beeton, Ontario. Large Corner Lot With Two Road Frontages On Main Street East And Centre Street North. The City Of Beeton Is Currently Going Through A Major Intensification In Zoning And Infrastructure To Allow For Higher Density Redevelopment. The Land Is Zoned And Designated As Downtown Commercial Core Within The New Tecumseth Official Plan - Great Land Value And Amazing Opportunity For Commercial And Residential Redevelopment. The Zoning Permits A Wide Variety Of Urban Uses, Including Medium And High Density Residential And Commercial Uses. The Property Is Near Site Plan Approval For A 6 Storey Building With 39 Residential Units, 71 Parking Spaces And A Total Gross Floor Area Of 43,424 Square Feet. Central Location In Downtown Beeton, Over Half Acre Corner Lot, Exceptional Street Exposure On Two Main Streets, Great Development Opportunity for Any Commercial And Residential Uses.

  • Listing ID: 31736194

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 2 Main St E, New Tecumseth, ON L0G 1A0

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