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$ 3,500,000
Est. payment | /mo
7 Baths
18,623 SqFt
$ 3,500,000
Est. payment | /mo
7 Baths
18,623 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,623 sqft
Price per Sqft $187
MLS Listing ID X11895041
Annual Tax Amount $39,777
Tax Year 2024
Property Description
Please note, three parcels are being sold as one package, therefor the listing price, total square footage, property taxes, zoning and lot size reflect all three parcels combined. Prime Development and/or repurposing opportunity in Downtown Thorold. An exceptional investment opportunity awaits in the heart of downtown Thorold. This expansive corner lot offers unparalleled potential with over 55 parking spaces and a prime location. Currently operating as a funeral home, the main commercial building at 26 Ormond St. S spans an impressive square footage, presenting numerous possibilities for future use. Vacant possession is possible, making this property ideal for developers, investors, or entrepreneurs looking to repurpose or develop. The three PINs being sold are 640520002, 640520003 and 640520004. The breakdown of Municipal addresses, and brief descriptions are as follows; 26 Ormond St. S, Thorold (commercial building with 14,500 +/- sqft). 24 Ormond St. S, Thorold (detached house offering 1,566 +/- sqft, 22 Ormond St. S, Thorold (charming detached house with 828 +/- sqft), 27 Clairmont St, Thorold (detached house with 1,728 +/- sqft). Explore the full potential of this rare and versatile opportunity.
Location
Province ON
County Niagara
Community 557 - Thorold Downtown
Area Niagara
Zoning C3, C3, R3
Region 557 - Thorold Downtown
City Region 557 - Thorold Downtown
Interior
Cooling Yes
Inclusions Please contact listing agent for list.
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Others
Security Features Partial
Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE