140 Front Street, Sarnia, Ontario

About 140 Front Street

1.72 ACRE WATERFRONT DEVELOPMENT PARCEL FOR SALE. IDEAL LOCATION HAS FRONTAGE ON 3 STREETS. NEW OFFICIAL PLAN ALLOWS FOR 12 STORY BUILDING ON THIS SITE. CURRENT RESIDENTIAL/COMMERCIAL MIX PROPERTY INCOME CARRIES THE PROPERTY WITH POSITIVE CASHFLOW. OVERLOOKING THE ST CLAIR RIVER & IN SARNIA'S HIGHEST POPULATION DENSITY AREA. CONSISTING OF 11 RESIDENTIAL UNITS & 5 COMMERCIAL UNITS. THE HOUSES AND BUILDINGS HAVE ALL HAD EXTENSIVE UPGRADES. HIGHLY SOUGHT AFTER RESIDENTIAL UNITS ARE TASTEFULLY DECORATED & COMMAND TOP END LEASING RATES. STRONG ROSTER OF COMMERCIAL TENANTS TAKE ADVANTAGE OF THIS PREMIUM LOCATION & AMENITIES. CURRENTLY GROSSING APPROX $500,000 ANNUALLY. CALL FOR INCOME & EXPENSE INFO. 2 SHAREHOLDERS ARE REAL ESTATE AGENTS IN THE PROVINCE OF ONTARIO (id:6289)

More Info on this House MLS® listing

140 Front Street is a house listing for sale in Sarnia. The MLS® number is 26008655. It was built in 1960. It's currently listed for $4,999,000. For more details on MLS® 26008655, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Sarnia is available now!

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