Lanark, ON K0G 1K0
25000 SF development land fronting on three streets Montreal Rd. Durocher, St Paul. Major node to Vanier and Beechwood. The property has two buildings and a car lot. Land assembly of three properties. 143 Montreal Rd. car lot 50 x 100 Ft, 149-159 Montreal Rd. 100x100 ft. restaurant on main floor , apartments on the second floor, 168-270 Durocher, 100x100ft one storey building two tenants. All leased with a demo clause. Gross income $249,648, Net income $147,508. Price is not based on NOI it is based on a conservative development potential of retail on the main floor and apartments above. current zoning TM 3 in the front half, TM in the back half.
MORE PHOTOS HERE:
www.newhoperealty.ca/ON/vanier/k1l6e8/1000434519-MLS-1409440-na-143-159-MONTREAL-Road
For More Information Call 613-777-8937
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Listing Office : ROYAL LEPAGE PERFORMANCE REALTY