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$1,699,000
Available - For Sale
Listing ID: X12059545
High-Yield Commercial Opportunity: Revitalized Plaza, Maximum Flexibility!Unlock Immediate Value & Future Growth: This meticulously renovated, single-story commercial plaza offers 10,580 sq ft of prime retail space on a sprawling 33,000 sq ft lot, just 3km from the QEW. Capitalize on strategic location and RUC-2 zoning, allowing for diverse tenant possibilities: daycare, veterinary, specialty retail, and more.Key Investment Highlights:Complete Revitalization: Benefit from recent upgrades including new framing, drywall, insulation, exterior cladding, and re-graveled floors, minimizing future capital expenditures.Six Individual Gas Meters: Streamline tenant billing and maximize operational efficiency.Subdivision Potential: Divide into up to 6 separate units, creating multiple income streams and increasing tenant flexibility.Strategic QEW Access: Leverage unparalleled visibility and accessibility for a high-traffic location.Versatile Unit Configuration: Two existing units (4,089 & 6,491 sq ft) offer immediate rental potential.RUC-2 Zoning Advantage: Tap into a wide range of permitted uses, attracting diverse and stable tenants.Expansive Land Parcel: 33,000 sq ft lot provides potential for future expansion or development.Investment Analysis:This property presents a unique opportunity to acquire a fully rejuvenated asset with significant income potential. The recent upgrades, coupled with the subdivision capability, offer investors the chance to maximize returns and attract a diverse tenant base. The strategic QEW location ensures consistent traffic, making this a highly desirable commercial destination.
Price $1,699,000
Taxes: $21,000
Tax Type: Annual
Occupancy by: Vacant
Address: 3365 Culp Road , Lincoln, L0R 2E0, Niagara
Postal Code: L0R 2E0
Province/State: Niagara
Legal Description: PT LT 23 CON 2 Louth PT 2 30R1374; LINCO
Directions/Cross Streets: Victoria Ave/QEW
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Retail
Building Percentage: T
Total Area: 33,000
Total Area Code:  Square Feet
Office/Appartment Area: 400
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: Yes
Rail: N
Clear Height Feet: 30
Truck Level Shipping Doors #: 1
  Height Feet: 10
Double Man Shipping Doors #: 0
  Height Feet: 0
Drive-In Level Shipping Doors #: 0
  Height Feet: 0
Grade Level Shipping Doors #: 1
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
Sewers: Sanitary+Storm
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HOMELIFE/ROMANO REALTY LTD.

3365 Culp Road , Lincoln, L0R 2E0, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Lincoln
Neighbourhood: 980 - Lincoln-Jordan/Vineland
Style:
Lot Size: x 189.15(Feet)
Approximate Age:
Tax: $21,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com



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