108 RUSSELL STREET N, Madoc, Ontario, K0K2K0
Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 Storey building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned commercial; but the property has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property! (id:2471)
Royal LePage ProAlliance Realty Brokerage - Tweed
- 613-969-7629
- 613-478-6600
- info@thedcbteam.ca
- Property Address: 108 RUSSELL STREET N, Madoc, Ontario, K0K2K0
- Property Type: Office
- Zoning Description: C2
- Lot Size: 103.78 x 165.02 FT
- Acreage: 103.78 x 165.02 FT
- Water Type: Municipal water
- Amenities Nearby: Highway
- Structure Style: Offices
- Floor Space: 5476 sqft
- Bathrooms: 3-Total
- Heating Type: Natural gas, Other
- Cooling: Fully air conditioned
- Elevator
Listing Offices: ROYAL LEPAGE PROALLIANCE REALTY
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