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575-577 Main Street W Grimsby, Ontario L3M 1V1

Acreage

$3,700,000

2.04 acres of residential development land in Grimsby. Site plan approved for development with a two-storey, 44 unit, 29,869 sq. ft. luxury retirement residence. Extensive studies already completed and will be provided to interested parties with signed confidentiality agreement. Seller may be interested in joint venture opportunities. Proforma indicates estimated 6% cap rate. Existing improvements of limited value. (id:51211)

Property Details

MLS® Number H4143112
Property Type Vacant Land
Amenities Near By Schools
Features Park Setting, Park/reserve, Conservation/green Belt

Building

Basement Type None
Utility Water Municipal Water

Land

Acreage Yes
Land Amenities Schools
Sewer Municipal Sewage System
Size Depth 420 Ft
Size Frontage 240 Ft
Size Irregular 240 X 420
Size Total Text 240 X 420|2 - 4.99 Acres

Utilities

Electricity Available
Natural Gas Available
Sewer Available
Telephone Available

https://www.realtor.ca/real-estate/24761114/575-577-main-street-w-grimsby

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