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$649,900
Est. payment /mo
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1
Square Footage 1 sqft
Price per Sqft $649,900
Subdivision 612 - Hawkesbury
MLS® Listing ID X13136760
Lot Size 0.570 Acres
Acres 0.57
Property Description
695 Main Street West presents a rare and exceptional development opportunity in the heart of growing Hawkesbury. Strategically located on a prime corridor with excellent visibility and accessibility, this expansive lot offers immediate potential for investors, developers, and builders alike. Currently zoned to permit a 24-unit residential building as-of-right, the property also stands to benefit from evolving provincial legislation aimed at increasing housing density, creating the possibility for even greater future development potential. Adding immediate value to the site is a massive on-site storage shed with strong income-generating capability, offering approximately $2,500/month in potential rental revenue. Whether utilized for contractor storage, commercial use, or supplementary passive income, the structure provides flexibility and added cash flow while development plans are underway. Ideally situated close to shopping, schools, restaurants, parks, healthcare services, and major transportation routes, this property combines convenience, long-term upside, and strong investment fundamentals in one of Eastern Ontario's emerging growth markets. Opportunities like this are increasingly rare - secure a high-potential development site with existing income and significant future upside today. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
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Listed by EXP REALTY
NEARBY SCHOOL & BUSINESS
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4