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380 Lyndoch St 4,000 SF Retail Building Corunna, ON N0N 1G0 $1,084,174 USD ($271.04 USD/SF)
INVESTMENT HIGHLIGHTS
- High traffic area, growing commercial area, established restaurant site, new development behind site, site has strong potential for redevelopment.
EXECUTIVE SUMMARY
Popular Golden Palace Restaurant recently closed. This presents a new OPPORTUNITY. Fully equipped 4,000 sq.ft restaurant with 34 tables and a 10 year old kitchen offers the perfect foundation for your next culinary venture. Alternatively, the prominent sites with over 186 feet of frontage offers incredible potential for mixed retail, hospitability, automotive or a wide range of uses permitted under the C1 zoning. The community has a strong income base and population growth due to the presence of major energy firms including Nova Chemicals, which recently completed a $3 Billion expansion. The waterfront lifestyle attracts many other residents. A tremendous opportunity awaits savvy
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built
1984
Price
$1,084,174 USD
Price Per SF
$271.04 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.53 AC
Zoning
C1
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Pylon Sign
- Air Conditioning
- Fiber Optic Internet
NEARBY MAJOR RETAILERS
1 of 11
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380 Lyndoch St
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