696 Oxford St - Schools FOR SALE


Sarnia, ON N7T 6Z8
$3,250,000 CAD
519-336-7560

NO PHOTO

$3,250,000 CAD
Schools - FOR SALE
null | Request Cap Rate

696 Oxford St
Sarnia, ON N7T 6Z8


HIGHLIGHTS

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

OVERVIEW

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%

FOR SALE DETAILS

PRICE

$3,250,000 CAD

PRICE/SF

$33 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

382930001414400

ASK ABOUT THIS PROPERTY

Mario FazioRoyal LePage Key RealtyMore Info
519-336-7560

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Mario FazioRoyal LePage Key RealtyMore Info
519-336-7560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.