1809 Merrittville Highway Thorold, Ontario L0S 1E6
$4,200,000
ATTRACTIVE VTB AVAILABLE. Prime location at busy intersection of Merrittville Hwy/Hwy 20 in prestigious Fonthill, Established plaza with a ±14,000 SF building on ±3.76 acres of land. Long-term key tenants include Royal LePage, Canco, ETFO (Teacher’s Union) and more. High visibility with over ±31,000 vehicles passing through this intersection daily. Excellent opportunity for further development with a proposed ±5,000 sf building on the ±1.65-acre vacant lot. Gas station on site is promised to generate foot traffic. Solid investment opportunity with 6% CAP Rate. The purchase price includes lands and buildings. This is a great opportunity for a Buyer to have a long and stable investment income for many years to come. Financial package available with NDA. (id:50964)
Property Details
| MLS® Number | 40450301 |
| Property Type | Other |
| Community Features | High Traffic Area |
| Features | Corner Site |
Building
| Basement Type | None |
| Cooling Type | Central Air Conditioning |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Exterior | 13672.0000 |
| Utility Water | Drilled Well |
Land
| Access Type | Highway Access, Highway Nearby |
| Acreage | No |
| Sewer | Septic System |
| Zoning Description | Hci |
https://www.realtor.ca/real-estate/25845963/1809-merrittville-highway-thorold
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July 18 2023 07:32:34
Niagara Association of REALTORS®
Royal LePage NRC Realty