2465 HIGHWAY 518 W

About this home

Prime Redevelopment Opportunity: Historic 6,000+ SQFT Asset with Grant PotentialCapitalize on this high-potential redevelopment project positioned on an expansive 150' x 200' lot. Formerly the historic Sprucedale School House, this structurally sound 6,000+ sq. ft. building spans two massive levels, complemented by a detached 640 sq. ft. storage facility. Character features, including original hardwood floors, offer unique architectural integration for a premium multi-residential or senior living conversion. The property aligns exceptionally well with lucrative government grants for senior housing infrastructure. Vital environmental due diligence, including the Designated Substances Survey (DSS) and Chimney Swifts Report, will be released to the successful buyer upon contract. Sold "As-Is, Where-Is," this blank-canvas asset is primed for an investor looking to maximize ROI in a high-demand sector.

Details

Type

Commercial Retail

Lot

150 × 200 ft

Garage

None

Neighbourhood

Sprucedale

Municipality

McMurrich/Monteith

Building and exterior

Building area

12,000 Square Feet

More

Possession

Immediate

Cross street

HWY518 / GEORGE ST