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Sarnia Lot 3 Retail Properties Offered at $7,500,000 CAD in Sarnia, ON
Investment Highlights
- Corner lot offers plenty of daytime traffic
- Parking allocation for the combined commercial and residential uses
- Combined 8.89 acres of approved Mix-Use Mid Rise Residential/Commercial
- Proximity to commercial areas and community facilities
- Design guidelines for residential units geared towards students
Executive Summary
Prime Development opportunity within the well-established Retail Plaza. Zoning has recently changed to accommodate approved mid-rise residential housing with 234 units and 910 bedrooms. Nestled in a desirable area, discover this beautiful vacant lot with endless potential. Proximity to Lambton College. Opportunity to buy the stand-alone commercial plaza or the entire parcel. The Existing Four Tenants development is located on a 1.7669-acre parcel of land. Current tenants include Starbucks, Subway, Swiss Chalet, and Cas 4 You.
There exists an option to purchase up to 2 acres of land for hotel development as well. Commercial Plaza for sale at 7.5 million, and the additional land is 4 million.
There exists an option to purchase up to 2 acres of land for hotel development as well. Commercial Plaza for sale at 7.5 million, and the additional land is 4 million.
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1273 London Rd, Sarnia, ON N7S 1P3 | Retail | 20,000 SF | 1990 | - |
|
Swiss Chalet
1283 London Rd, Sarnia, ON N7S 1P3 |
Retail | 7,324 SF | - | - |
| 1273 London Rd, Sarnia, ON N7S 1P3 | Retail | 4,152 SF | 2000 | - |
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