V/L Mersea Rd 5 - $5,975,000

V/L Mersea Rd 5,Leamington - $5,975,000 - Directions


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Property Specs

Price$5,975,000
CityLeamington, Ontario
AddressV/L Mersea Rd 5
Listing ID26024190
TypeVacant Land
StatusFor Sale

Extended Features:

Ownership Freehold Sewer Unknown

Details:

Build To Suit - This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity with C4 zoning, which permits construction up to 350,000 sq ft of building space & unlocks a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:4555)
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