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$750,000
Available - For Sale
Listing ID: X13735552
Exceptional redevelopment and investment opportunity with prominent Highway 6 exposure in Hepworth, within the Town of South Bruce Peninsula. Strategically located commercial property offering existing utility together with significant future redevelopment potential. The property was historically operated as a gas station, with the former underground tanks reportedly removed decades ago. An existing garage building remains on the property and may continue to be utilized while a purchaser pursues future redevelopment and the required approvals. Preliminary planning and redevelopment work has been undertaken for a proposed commercial redevelopment, including concepts for a new gas station and convenience retail use. The property has also been the subject of pre-consultation with the Town of South Bruce Peninsula and the Ministry of Transportation, providing valuable information regarding requirements and considerations for future development. An excellent opportunity for investors, developers, fuel retailers, convenience-store operators, automotive businesses or purchasers seeking a highly visible commercial property with long-term upside. Continue utilizing the existing building while advancing redevelopment plans, providing flexibility and the potential to phase investment. Purchaser to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential and all required approvals. Preliminary concepts and pre-consultation information may be available to qualified purchasers.Vendor Take-Back (VTB) financing may be available to qualified purchasers, subject to acceptable terms and conditions.Rare opportunity to acquire a strategically located property with an existing usable building, Highway 6 exposure and significant redevelopment potential.
Price $750,000
Taxes: $3,503
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 16 Spencer Street , South Bruce Peninsula, N0H 1P0, Bruce
Postal Code: N0H 1P0
Province/State: Bruce
Directions/Cross Streets: Hwy 6 (Bruce St) and Spencer St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Highway Commercial
Use: Automotive Related
Building Percentage: T
Total Area: 19,687
Total Area Code:  Square Feet
Retail Area Code: Sq Ft Divisible
Area Influences: Major Highway  
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
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HOMELIFE SUPERSTARS REAL ESTATE LIMITED

16 Spencer Street , South Bruce Peninsula, N0H 1P0, Bruce

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Maria Tompson
Sales Representative
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416-548-7854
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416-981-7184

 
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Type: Com - Commercial Retail
Area: Bruce
Municipality: South Bruce Peninsula
Neighbourhood: South Bruce Peninsula
Style:
Lot Size: x 196.98(Feet)
Approximate Age:
Tax: $3,503
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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