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26 Ormond St S 8,825 SF Retail Building Thorold, ON L2V 1Y4 $2,407,236 USD ($272.77 USD/SF)



Investment Highlights
- Prime Commercial Redevelopment or Potential Income Opportunity in Downtown Thorold, ON.
- Commercial building is accessible, offers an underground parking area and an elevator from the basement to the main floor.
- Featuring a 2-storey commercial building currently operating as a funeral home & three (3) residential dwellings.
- Ideal for developers, investors, or owner occupiers seeking an additional income source from the homes.
Executive Summary
Prime Commercial Redevelopment or Potential Income Opportunity in Downtown Thorold, ON. Comprised of three separate pins, this corner property features a 2-storey commercial building currently operating as a funeral home, three (3) residential dwelling units, and a parking lot for approx. 52 cars. Offering a total of 14,500 sq. ft. of Commercial space plus three residential homes to lease for income or redevelop to another use. Commercial building is accessible and offers an elevator from the main floor to the basement and an underground parking area. Ideal for developers, investors, or owner occupiers seeking an additional income source from the homes, the site is zoned C2 Downtown Mixed Use offering many permitted uses. See Schedule for addresses and Legal Description.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,825 SF
Building Class
C
Year Built
1992
Price
$2,407,236 USD
Price Per SF
$272.77 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.96 AC
Zoning
C2 - Downtown mixed use
Parking
68 Spaces (7.71 Spaces per 1,000 SF Leased)
Frontage
146’ on Ormond Street South
Amenities
- Signage
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (74)
Nearby Major Retailers
1 of 13
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26 Ormond St S
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