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156 Borden Avenue

Central Elgin (Belmont), Ontario, N0L1B0

$495,000

MLS®#: X12139703
8654
Sq. Ft.
Description:

Prime Commercial Investment Opportunity - High Visibility Location. Unlock the potential of this uniquely positioned commercial property in a rapidly developing corridor. Zoned Hamlet Commercial with strong potential to upgrade to Highway Commercial - the Town has expressed openness to this transition. Located directly across from a newer Tim Hortons and Esso gas station, this high-traffic site is ideal for a wide range of commercial uses. Just minutes from Highway 401 and the City of London, the property offers excellent accessibility and exposure for businesses.The Town Planner has indicated support for mixed-use development, including commercial units on the ground level with residential units above (see illustrative concept drawing for inspiration).Currently on the property is a 785 sq/ft 3-bedroom bungalow, rented and generating income, offering holding potential while development plans are finalized.Property is being sold as-is. A rare opportunity for savvy investors or developers looking to capitalize on location, zoning flexibility, and growth potential. (id:10317)

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Property Details
Status: For sale
Address: 156 BORDEN AVENUE, Central Elgin (Belmont), N0L1B0
MLS: X12139703
Lot Size: 66 x 132 FT
Water: Municipal water
Floor Space: 8654
Lot Size: 66 x 132 FT
Agency: Courtesy of Dotted Line Real Estate Inc Brokerage
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