Average square foot calculated using Size range provided by listing agent.
Description
Calling all investors & entrepreneurs! Two tenanted properties! Unbelievable investment opportunity to own two commercial & residential mixed-use buildings known as #533 & #537 christina st.N., sarnia. 72' ft of frontage x 132' depth lots of prime real estate with high visibility and traffic count situated in the downtown core, close proximity to sarnia's centennial park & beautiful waterfront. This parcel boasts residential tenanted apartments & commercial buildings that have been home for over 60 years to established family owned travel agency & printing company, both sarnia landmarks, as well as a local multi-cuisine take out. This package deal offers lots of room to expand or create new business & development. Currently, a good generating income per year with a 7% cap rate, which could increase with further development of the land with (gc-3) general commercial 3 zoning. Located near the bluewater bridges (us border) & hwy 402 making commuting easy. On site front & back parking provides easy access for clientele, the location is your blank canvas ready for endless possibilities!Show Description