Land For Sale - 17524 HIGHWAY 2, Quinte West, Ontario K8V 6M2

location_on 17524 HIGHWAY 2, Quinte West

Land

17524 HIGHWAY 2

Quinte West, Ontario K8V 6M2

$3,900,000

For Sale

Property Information

5.486 acres of commercial development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings. Severance has been approved to separate this 5.486 acre parcel fronting Hwy 2 from the remaining southern 4.102 acre portion as per attached severance sketch, which can be completed within approximately 2 weeks. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this centre. Serious inquiries only – no sale assignments please. Vendor take back mortgages are available & subject to negotiation. Closing of Sale must occur by November 2024, so any conditional periods for due diligence must be completed within that timeframe.

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : X9253970
Price : $3,900,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 1
Address
Postal Code : K8V 6M2
City : Quinte West
Street : HIGHWAY 2
Street Number : 17524
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Heating System : None
Brokerage
Office Name : MARINO LOCATIONS LIMITED
Extra Information
Air Conditioning : N
Area : Hastings
living_area : 0
living_area_unit : Sqft
Lease : Sale
Tax Year : 2024

Mortgage Amount Calculator

$
%

Share Listing

17524 HIGHWAY 2 Quinte West, Ontario K8V 6M2