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Home ON St. Catharines - Niagara Lincoln Vineland - Jordan
3365 CULP ROAD
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3365 CULP ROAD $1,699,000
$1,699,000
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3365 CULP ROAD
Lincoln (Lincoln-Jordan/Vineland), Ontario L0R2E0

MLS® Number: X12059545

Listing Description

High-Yield Commercial Opportunity: Revitalized Plaza, Maximum Flexibility!Unlock Immediate Value & Future Growth: This meticulously renovated, single-story commercial plaza offers 10,580 sq ft of prime retail space on a sprawling 33,000 sq ft lot, just 3km from the QEW. Capitalize on strategic location and RUC-2 zoning, allowing for diverse tenant possibilities: daycare, veterinary, specialty retail, and more.Key Investment Highlights:Complete Revitalization: Benefit from recent upgrades including new framing, drywall, insulation, exterior cladding, and re-graveled floors, minimizing future capital expenditures.Six Individual Gas Meters: Streamline tenant billing and maximize operational efficiency.Subdivision Potential: Divide into up to 6 separate units, creating multiple income streams and increasing tenant flexibility.Strategic QEW Access: Leverage unparalleled visibility and accessibility for a high-traffic location.Versatile Unit Configuration: Two existing units (4,089 & 6,491 sq ft) offer immediate rental potential.RUC-2 Zoning Advantage: Tap into a wide range of permitted uses, attracting diverse and stable tenants.Expansive Land Parcel: 33,000 sq ft lot provides potential for future expansion or development.Investment Analysis:This property presents a unique opportunity to acquire a fully rejuvenated asset with significant income potential. The recent upgrades, coupled with the subdivision capability, offer investors the chance to maximize returns and attract a diverse tenant base. The strategic QEW location ensures consistent traffic, making this a highly desirable commercial destination. (40174587)

Location Description

Victoria Ave/QEW

Property Summary

Property Type
Business
Community Name
980 - Lincoln-Jordan/Vineland
Land Size
Bldg=172.67 x 189.15 FT
Annual Property Taxes
$21,000
Time on REALTOR.ca
23 days

Building

Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
33000 sqft
Exterior Building Size
33000 sqft

Land

Lot Features
Frontage
172 ft ,8 in
Land Depth
189 ft ,1 in
Other Property Information
Zoning Description
RUC-2 (Rural Commercial)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
ZAKARIAKHAN ZAKARIA