ON > Lincoln > 980 - Lincoln-Jordan-Vineland
Lincoln, ON L0R 2E0,3365 Culp RD
Lincoln, ON L0R 2E0,3365 Culp RD
Lincoln, ON L0R 2E0,3365 Culp RD
Lincoln, ON L0R 2E0,3365 Culp RD
Lincoln, ON L0R 2E0,3365 Culp RD
Lincoln, ON L0R 2E0,3365 Culp RD
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Kat Tannock

Kat Tannock

+1(705) 768-5658
$ 1,699,000
Est. payment | /mo

33,000 SqFt

Save
$ 1,699,000
Est. payment | /mo
Save

33,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 33,000 sqft

Price per Sqft $51

Subdivision 980 - Lincoln-Jordan/Vineland

MLS Listing ID X12059545

Annual Tax Amount $21,000

Tax Year 2024

Property Sub-Type Investment

Property Description

High-Yield Commercial Opportunity: Revitalized Plaza, Maximum Flexibility!Unlock Immediate Value & Future Growth: This meticulously renovated, single-story commercial plaza offers 10,580 sq ft of prime retail space on a sprawling 33,000 sq ft lot, just 3km from the QEW. Capitalize on strategic location and RUC-2 zoning, allowing for diverse tenant possibilities: daycare, veterinary, specialty retail, and more.Key Investment Highlights:Complete Revitalization: Benefit from recent upgrades including new framing, drywall, insulation, exterior cladding, and re-graveled floors, minimizing future capital expenditures.Six Individual Gas Meters: Streamline tenant billing and maximize operational efficiency.Subdivision Potential: Divide into up to 6 separate units, creating multiple income streams and increasing tenant flexibility.Strategic QEW Access: Leverage unparalleled visibility and accessibility for a high-traffic location.Versatile Unit Configuration: Two existing units (4,089 & 6,491 sq ft) offer immediate rental potential.RUC-2 Zoning Advantage: Tap into a wide range of permitted uses, attracting diverse and stable tenants.Expansive Land Parcel: 33,000 sq ft lot provides potential for future expansion or development.Investment Analysis:This property presents a unique opportunity to acquire a fully rejuvenated asset with significant income potential. The recent upgrades, coupled with the subdivision capability, offer investors the chance to maximize returns and attract a diverse tenant base. The strategic QEW location ensures consistent traffic, making this a highly desirable commercial destination.

Location

Province ON

County Niagara

Community 980 - Lincoln-Jordan/Vineland

Area Niagara

Zoning RUC-2 (Rural Commercial)

Interior

Cooling No

Inclusions Insulation Fiber glass, Drywall, Drop ceiling, gravel on floor, some primer and paint work in 4000 sqft unit , Exterior work siding and facia, 6 gas meter for 6 units - AFTER PICTURES ARE WORK DONE AS BELOW

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Building

Lited by HOMELIFE/ROMANO REALTY LTD.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 768-5658

ktannock@gmail.com

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3365 Culp RD