V/l Mersea Rd 5, Leamington, Ontario

$5,975,000

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About V/l Mersea Rd 5

This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:6289)

Features of V/l Mersea Rd 5

Listing # 25024253
Price $5,975,000
Bathrooms 0.00
Acres 0.00
Type Vacant Land
Sub-Type Freehold

Community Information

Address V/l Mersea Rd 5
City Leamington
Province Ontario
Postal Code N8H3V6

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCENTURY 21 LOCAL HOME TEAM REALTY INC.

Listing Map

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