highland rd

0 Bedroom Real Estate has been listed for sale at 104 Highland Rd in North Bay for $385,000. Chat with a local expert, book a tour.

North Bay

Gateway

104 Highland Rd

104 Highland Rd, For Sale in North Bay - eXp Commercial Brokerage

Exceptional Development Opportunity in a Prime Location! Strategically positioned on high-traffic Algonquin Avenue at a signalized intersection, this property offers unmatched visibility and accessibility making it an ideal site for a wide range of development opportunities. Backed by flexible zoning and municipal support, the site is well-suited for residential projects such as an apartment complex (accommodating either 22 traditional or 40 micro-units), along with additional multi-unit residential options. While only a portion of the property is currently zoned R3, the vendor is open to collaborating with prospective buyers to facilitate necessary zoning amendments and ensure a smooth transition through the site plan approval process. The property also benefits from its C4 zoning designation, allowing for a variety of commercial uses including quick-service restaurants, retail outlets, medical and professional offices, or entertainment venues. With a recent lot survey and a 2022 Phase II Environmental Site Assessment already completed, the property is development-ready. Whether you're an investor looking for high-yield potential or a visionary entrepreneur ready to bring your concept to life, this premier site presents limitless opportunities for long-term success. (id:58753)

High traffic commercial development site. .34 acre fronting on algonquin at a signalized intersection. Survey completed with phase ii esa. This property can support a 3000 square foot building with zoning for multiple uses. This is one of the best retail locations, and would make a prime location for any quick service restaurant looking for a drive thru, dentist office, medical office or retail business. One of the last remaining commercial lots on algonquin. Some zoning work required, a small part of the lot is zoned r3, vendor is willing to work with a prospective purchaser to complete the sale with the appropriate site plan and zoning in place. City of north bay supportive of commercial development.

Welcome to an exceptional investment opportunity in North Bay's thriving commercial district. This land is nestled in a bustling enclave along Algonquin Avenue, boasting a coveted position at a signalized intersection, ensuring maximum visibility and accessibility. Embraced by flexible zoning and bolstered by city support, this opportunity promises a journey toward realizing your entrepreneurial dreams or developing an apartment complex (22 traditional or 40 Micro units), also potential for other residential opportunities. While some zoning work is required due to only a small portion being zoned R3, the vendor is committed to collaborating with prospective purchasers to streamline the sale process and ensure compliance with the appropriate site plan and zoning regulations. With excellent exposure and convenient access, it presents an ideal setting for a range of commercial ventures under the C4 zoning with the potential for quick-service restaurants, retail stores, medical and professional offices, or an entertainment establishment. The recent diagram demonstrates the lot size and, a recent 2022 clean Phase II Environmental Site Assessment are available for laying the groundwork for swift development. Whether you're an astute investor or a visionary entrepreneur, this property offers immense potential for lucrative returns and long-term success.

Prime Investment Opportunity! Ideally situated along Algonquin Avenue at a high-visibility, signalized intersection, this property offers unparalleled exposure and accessibility. With flexible zoning and municipal support, the site is primed for a range of development possibilities including an apartment complex (22 traditional or 40 micro-units) and other residential opportunities. While only a portion is currently zoned R3, the vendor is committed to working with buyers to facilitate zoning adjustments and ensure a smooth sale process in compliance with site plan regulations. Under its C4 zoning designation, the property is also an ideal location for commercial ventures such as quick-service restaurants, retail stores, medical and professional offices, or entertainment establishments. A recent lot survey and a 2022 Phase II Environmental Site Assessment confirm the site's readiness for development. Whether you're an investor seeking strong returns or an entrepreneur with a vision, this prime location offers limitless potential for long-term success. Don't miss out on this exceptional opportunity!

104 Highland Rd, North Bay, ON

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