location_on 108 Russell St, Madoc

Office

108 Russell St

Madoc, Ontario K0K 2K0

$1,150,000

For Sale

Property Information

Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 Storey building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that’s not all, this unique property can also be converted to residential use!! Currently zoned Residential (R4 6H); and has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property!

Basic Details
Property Type : Office
Listing Type : For Sale
Listing ID : X11202648
Price : $1,150,000
Rooms : 0
Bathrooms : 3
Half Bathrooms : 0
Square Footage : 5,476 Sqft
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 9
Address
Postal Code : K0K 2K0
City : Madoc
Street : Russell
Street Number : 108
Street Suffix : St
Floor Number : 0
Longitude : W78° 31' 30.1''
Latitude : N44° 30' 23.1''
Features
Heating System : Gas Forced Air Open
Elevator : Public
Brokerage
Office Name : ROYAL LEPAGE PROALLIANCE REALTY
Extra Information
address/street_dir_suffix : N
Air Conditioning : Y
Area : Hastings
living_area : 0
living_area_unit : Sqft
Lease : Sale
Street Direction : N
Tax Year : 2024

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108 Russell St Madoc, Ontario K0K 2K0