17524 HIGHWAY 2 N/A, Quinte West, ON Image 1

$5,900,000

Commercial Retail For Sale
MLS - #X12045611
4 days ago- By MARINO LOCATIONS LIMITED

17524 HIGHWAY 2 N/A, Quinte West, ON K8V 6M2

Bed
Bath
9.628 Sqft.
None Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

9.628 Sqft

About 17524 HIGHWAY 2 N/A

9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2024 & 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings (all leased). Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion as per attached PDF. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this center. Serious inquiries only-no sale assignments please. New grocery store is expected to open across the street adding additional retail destinations to this growing area, making the entire node more attractive for development.

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

9.628

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:None
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
590000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 17524 HIGHWAY 2 N/A

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$22534.00/ month
$4,720,000 Principal and Interest
$5,664,000 Property Taxes

Some information about this property - HIGHWAY 2 N/A

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