140 Front st. South Street
Sarnia, ON, N7T 7H8
Community:Sarnia
Asking Price
$4,999,000
Frontage
285 ft.
Lot Depth
225 ft.
Square Foot
38,843 ft.
Lot Area
1.477 Feet
Zoning
Commercial
140 Front st. South Street, Sarnia, N7T 7H8
Property Description
Original Remarks
PROPERTY ASSEMBLAGE FOR SALE. RESIDENTIAL/COMMERCIAL MIX PROPERTY 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. THIS PROPERTY IS TRULY INSPIRING AESTHETICALLY & IS BUILT TO BE EFFICIENT AS AN INCOME GENERATOR. CURRENTLY GROSSING APPROX $500,000 ANNUALLY, THE PROPERTY ALSO HAS FUTURE DEVELOPMENT OPTIONS AS THE 1.72 ACRE SITE HAS FRONTAGE ON 3 STREETS. . 2 SHAREHOLDERS ARE REAL ESTATE AGENTS IN THE PROVINCE OF ONTARIO.
PROPERTY HISTORY
140 Front st. South Street
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