Overview

This lot in Brockville is for sale. It has been on the market 33 days, fresher than the Brockville average of 80 days.

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Description

Exceptional opportunity to acquire a premier downtown Brockville corner with Lease in place fora drive-thru development (terms subject to confidentiality). Details are available upon execution of an NDA. The Lease Terms and Conditions to run with the sale. This offers a potential build-to-suit drive-thru restaurant opportunity with a major franchise tenant, subject to site plan approval and end-buyer development requirements. The Seller also owns an adjacent single-tenant property, and expanded acquisition opportunities may be considered. Location highlights: Key corner directly opposite Metro in downtown Brockville. Less than one block to the Brockville Arts Centre. Approximately 800 metres to Brockville City HalI. Immediate area momentum: adjacent rear lands recently developed with two multi-residential apartment buildings. Approximately 500 metres to the recently approved Dailey Lot development (128 residential units). Further details cannot be disclosed without a signed NDA. Long Form of Lease for Tenant may be subject to first right of refusal to purchase by Tenant. (id:66096)

Property Details

MLS®: X13856778
Property Type: Vacant Land
Business Type: Retail and Wholesale
Zoning: Mixed Use Downtown (MD)
Lot Size: 19,907 sq ft (0.45 ac)
Frontage: 99 ft
Price per Acre: $1,421,220 per acre
Property Tax: $5,961.52/yr
Listed: 33 days ago

Market Timing

Days on market

33d

Brockville listings, avg age

80d

List price

$650K

Haho

This vacant land in Brockville has been listed for 33 days, which is 47 days fresher than the city average of 80. Act while there is still low competition.

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Area context

Neighbourhood profile (K6V)

This home lists at $649,500, about 9.5× the local median household income of $68,500.

Carrying it typically needs a household income of about $126,870 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income: $68,500
Population: 28,174
Median age: 52
Owner / renter: 64% / 37%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K6V)

$649,500

For sale

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260 King Street West, Brockville - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K6V)

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