
Courtesy of: Trevor Behan, , Royal LePage Atlantic
$850,000
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Retail
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$850,000
1445 St Margaret's Bay Road Prime Lakeside Investment & Development Opportunity Welcome to 1445 St. Margarets Bay Road The property features a 2, 500 sq. ft. building in excellent condition, fully leased to Canada Post on a Net Rent basiswith the tenant covering all operating costs and property taxes. This means stable, hassle-free income from a secure national tenant. Beyond its current income stream, this site offers exceptional development potential. With as-of-right zoning for up to a 30, 000 sq. ft building., the C2 zoning permits a wide variety of commercial and residential uses, making it ideal for mixed-use, retail, office, or residential projects. Perfectly positioned just 2 km from Bayers Lake, this lakeside property combines strong existing revenue with incredible future growth potentialan opportunity not to be missed for investors and developers alike. (id:203)