Added 1 week ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: C1
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Age: No Data
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Taxes: 5500
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MLS®#: X11935392
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Added: Jan 22, 2025 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: Century 21 In-Studio Realty Inc.
INVESTORS TAKE NOTE: THIS PROPERTY IS PERFECT FOR REDEVELOPMENT: Part of the Downtown Markdale Development area this lot is ready for commercial investment. It fronts directly onto Hwy 10 at one of the busiest intersections in Grey County. It is a restaurant in the lower level and 3 apartments above. In it's current form, it is only using half the lot space, this would be perfect for for a multi story apt building with lower level retail. It is a short walk to the 300 unit subdivision currently under construction with by Devonleigh Homes across the street, with most homes in Phase 1 already occupied. Don't miss this opportunity to get into this growing community, with over 600 hundred homes slated for construction in Markdale this is a very unique offering to own a part of downtown core. REDEVLOPMENT OPPORTUNITY - The town has indicated that they would encourage any buyer to consider redeveloping the land and that council would engage with any developer who brought a vision for the land and that the lot could house a multi unit building potentially of 4 storeys.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: With Property
Area: Grey Highlands
Community: Markdale
Inside
Air Conditioning: N
Building
Basement: Y
Heat Type: Gas Hot Water
UFFI: No
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 2 BLK E PL 582 MARKDALE AS IN R385711; GREY HIGHLANDS
Taxes: $5,500
Taxes Type: Annual
Land
Cross Street: Located on the west
Municipality District: Grey Highlands
Parcel Number: 372350075
Sewer: Sanitary
Lot Depth: 165 Feet
Lot Frontage: 79 Feet
Zoning: C1
Commercial Specific
Number of Employees: 8
Retail Area: 3182
Retail Area Metric: Sq Ft
Total Area: 5582
Total Area Metric: Sq Ft
Hours Open: 9 am
Office Size: 2400
Office Size Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Skiing
Franchise: N
Tangible Property Included: N
Lot Code: Building
Seats: 40
Financial Statement: N
LLBO: N
St Peter's & St Paul's Separate School
Elementary: CatholicBeavercrest Community School
Elementary: PublicHolland-Chatsworth Central School
Elementary: PublicOsprey Central School
Elementary: PublicSpruce Ridge Community School
Elementary: PublicMacphail Memorial Elementary School
Elementary: PublicÉcole secondaire catholique École secondaire Saint-Dominique-Savio
Secondary: CatholicGeorgian Bay Community School Secondary School
Secondary: PublicWellington Heights Secondary School
Secondary: PublicGrey Highlands Secondary School
Secondary: PublicSt Mary's High School
Secondary: CatholicOwen Sound District Secondary School
Secondary: Public
