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Investment Highlights

  • Environmentally ready for redevelopment.
  • Close to Germain Park.
  • Two acres, plenty of parking.
  • Close to BlueWater Health hospital.
  • Close to Northgate Shopping Centre.
  • Zoned for 102 residential lots.

Executive Summary

INVESTMENT OPPORTUNITY IN SARNIA'S CENTRAL CITY SITUATED CLOSE TO BLUEWATER HEALTH, SHOPPING, BUS ROUTES & GERMAIN PARK. THE EXISTING BUILDING IS OVER 38000 FT. ZONING IS PERMITTED FOR 102 TOTAL RETIREMENT UNITS & APARTMENT DWELLINGS. REDIERING & CONCEPTUAL DRAWINGS ARE AVAILABLE UPON REQUEST SHOW THE CONVERSION OF THE EXISTING BUILDING INTO SEPARATE UNITS & AREAS NECESSARY FOR A COMPLETE RETIREMENT COMMUNITY. 360' OF FRONTAGE ON OXFORD STREET WITH PLENTY OF PARKING. THIS IS A GREAT OPPORTUNITY BECAUSE OF GROWING DEMAND WITH OUR AGING POPULATION & HOUSING SHORTAGE. PRICE PLUS HST. CALL TODAY FOR MORE INFO. THE SELLER WILL CONSIDER HOLDING FINANCING TO A WELL QUALIFIED BUYER AT A RATE AS LOW AS 5%

Property Facts

Price $2,353,878 USD
Price Per SF $23.54 USD
Sale Type Investment
Sale Conditions
Redevelopment Project
  • Building in Shell Condition
Property Type Specialty
Property Subtype School
Construction Status Proposed
Building Size 100,000 SF
No. Stories 5

Amenities

  • Signage
  • Air Conditioning
  • Smoke Detector
  • Listing ID: 35237115

  • Date on Market: 3/24/2025

  • Last Updated:

  • Address: 696 Oxford St, Sarnia, ON N7T 6Z8

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