120 Vidal Street N

Sarnia, Sarnia, N7T 5X5

$1,048,000

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Listed 80 days ago · MLS® X13628034

About this home

ATTENTION DEVELOPERS & INVESTORS! LAND & BUILDING AVAILABLE IN THE HEART OF THE Sarnia Downtown Urban Revitalization project. The BAYSIDE CENTRE proposal includes a new grocery store, loft-style residences, a senior residence building, & various retail spaces designed to revitalize the area & draw more consumers downtown thus, creating a vibrant, economically viable neighborhood that stimulates sustainable growth. ACT SWIFTLY & SEIZE THE OPPORTUNITY WITH THIS 3700 SQ FT LOW-MAINTENANCE 1 FLOOR BUILDING DIVIDED INTO 3 UNITS & 26 PARKING SPACES. GC-2 ZONING ALLOWS FOR VARIOUS COMMERCIAL OPTIONS! OVER $100,000 SPENT IN THE LAST 16 YRS INCLUDING:EXTERIOR FASCIA & ROOF '12,HI-EFFICIENCY FORCED AIR GAS FURNACE '09,CENTRAL AIR '16,'24. TENANT PAYS BASE RENT+HST,UTIL,LIABILITY & CONTENT INSURANCE,PRORATED MUN TAX,BUILDING INS,GRD MTCE,WATER (TRIPLE NET LEASE) 2 UNITS LEASED(TRIPLE NET) & 1 UNIT CURRENTLY AVAILABLE(former Doctors Office).

Details

Type
Investment
Lot
100 × 120 ft
Garage
None
Property tax
$21,809 (2026)
Neighbourhood
Sarnia
Municipality
Sarnia

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Yes

Building and exterior

Building area
3,700 Square Feet

More

Possession
1-29 days
Cross street
CROMWELL

Listed by CENTURY 21 FIRST CANADIAN CORP..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.