Average square foot calculated using Size range provided by listing agent.
Description
Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1, 540 sq. Ft. Living space) and four two-story units (3 beds, 2.5 baths, about 1, 534 sq. Ft. Living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1, 565 sq. Ft. Of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.Show Description
MLS® Number316603
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2008
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel
Extras
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