Lanark, ON K0G 1K0
EXCEPTIONAL VALUE & OPPORTUNITY! This property offers 5.73 acres of Rural Commercial (RC) zoned land with 167 feet of prime frontage on Bank Street. Currently generating income from 10 residential units (1 x 3-bedroom house and 9 bachelor apartments), all rented below market value. Ideal for adding more units, increasing rental income, operating a business, or utilizing the land for storage. The land value alone presents a solid investment, allowing you to bank on future appreciation. Developers can redevelop while collecting rent during planning stages. Post-offer unit viewings are available. Buyer to conduct due diligence on environmental. Rent rolls and expense statements are available on request. Don't miss this rare opportunity in a booming rural setting with huge commercial potential!
MORE PHOTOS HERE:
www.newhoperealty.ca/ON/greely/k0a2p0/1000489647-MLS-1411087-na-6637-BANK-Street
For More Information Call 613-777-8937
- This Ad is Not Intended to Solicit Clients Currently Under Contract -
Listing Office : ROYAL LEPAGE TEAM REALTY