ON > North Bay
North Bay, ON P1B 6K4,104 Highland Road
North Bay, ON P1B 6K4,104 Highland Road
North Bay, ON P1B 6K4,104 Highland Road
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$399,000
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104 Highland Road North Bay, ON P1B 6K4

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Diana Winger

Diana Winger

+1(226) 705-3369

UPDATED:

09/26/2024 04:21 PM

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40635676

Originating Board North Bay

Annual Tax Amount $9,024

Property Description

Welcome to an exceptional investment opportunity in North Bay's thriving commercial district. This land is nestled in a bustling enclave along Algonquin Avenue, boasting a coveted position at a signalized intersection, ensuring maximum visibility and accessibility. Embraced by flexible zoning and bolstered by city support, this opportunity promises a journey toward realizing your entrepreneurial dreams or developing an apartment complex (22 traditional or 40 Micro units), also potential for other residential opportunities. While some zoning work is required due to only a small portion being zoned R3, the vendor is committed to collaborating with prospective purchasers to streamline the sale process and ensure compliance with the appropriate site plan and zoning regulations. With excellent exposure and convenient access, it presents an ideal setting for a range of commercial ventures under the C4 zoning with the potential for quick-service restaurants, retail stores, medical and professional offices, or an entertainment establishment. The recent diagram demonstrates the lot size and, a recent 2022 clean Phase II Environmental Site Assessment are available for laying the groundwork for swift development. Whether you're an astute investor or a visionary entrepreneur, this property offers immense potential for lucrative returns and long-term success.

Location

Province ON

County Nipissing

Area North Bay

Zoning C4R3

Direction Corner of Algonquin Ave and Lansdowne Ave

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available At Lot Line-Gas, At Lot Line-Hydro, At Lot Line-Municipal Water, Street Lights, Phone Available

Waterfront No

Lot Frontage 126.72

Garage No

Building

Lot Description Urban, Irregular Lot, Corner Lot, High Traffic Area, Highway Access, Public Transit, Schools, Visual Exposure

Faces Corner of Algonquin Ave and Lansdowne Ave

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 491570601

Ownership Freehold/None

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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104 Highland Road