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    For Sale - 16 Spencer Street, South Bruce Peninsula, Ontario

    Est payment $3,601/mo
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    Views   1
    Time on Jump  56 day

    AI Summary *

    • Strategically located commercial property with prominent Highway 6 exposure.
    • Existing garage building can be used during redevelopment process.
    • Preliminary planning for commercial redevelopment already in progress.
    • Flexible investment potential with options for various business types.
    • Valuable pre-consultation information available for future development.




    Exceptional redevelopment and investment opportunity with prominent highway 6 exposure in hepworth, within the town of south bruce peninsula. Strategically located commercial property offering existing utility together with significant future redevelopment potential. The property was historically operated as a gas station, with the former underground tanks reportedly removed decades ago. An existing garage building remains on the property and may continue to be utilized while a purchaser pursues future redevelopment and the required approvals. Preliminary planning and redevelopment work has been undertaken for a proposed commercial redevelopment, including concepts for a new gas station and convenience retail use. The property has also been the subject of pre-consultation with the town of south bruce peninsula and the ministry of transportation, providing valuable information regarding requirements and considerations for future development. An excellent opportunity for investors, developers, fuel retailers, convenience-store operators, automotive businesses or purchasers seeking a highly visible commercial property with long-term upside. Continue utilizing the existing building while advancing redevelopment plans, providing flexibility and the potential to phase investment. Purchaser to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential and all required approvals. Preliminary concepts and pre-consultation information may be available to qualified purchasers. Vendor take-back (vtb) financing may be available to qualified purchasers, subject to acceptable terms and conditions. Rare opportunity to acquire a strategically located property with an existing usable building, highway 6 exposure and significant redevelopment potential.
    Listing IDX13735552
    Address16 Spencer Street
    CitySouth Bruce Peninsula, Ontario
    Price$750,000
    Bath1 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major HighwayHeating / Cooling Baseboard

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    Listing Brokerage: HOMELIFE SUPERSTARS REAL ESTATE LIMITED

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    16 Spencer Street
    South Bruce Peninsula , Ontario
    1 $750,000
    Get more info