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Home ON Hastings Quinte West
17524 HIGHWAY 2
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17524 HIGHWAY 2 $5,900,000
4 days ago
$5,900,000
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17524 HIGHWAY 2
Quinte West (Murray Ward), Ontario K8V6M2

MLS® Number: X12045611

Listing Description

9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2024 & 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings (all leased). Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion as per attached PDF. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this center. Serious inquiries only-no sale assignments please. New grocery store is expected to open across the street adding additional retail destinations to this growing area, making the entire node more attractive for development. (40128330)

Location Description

2nd Dug Hill Road

Property Summary

Property Type
Retail
Community Name
Murray Ward
Land Size
550 ac
Annual Property Taxes
$32,712.50
Time on REALTOR.ca
4 days

Building

Utilities
Water
Municipal water

Measurements

Square Footage
10 ac

Land

Other Property Information
Zoning Description
C-7
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7
John Marino