17524 HIGHWAY 2

Quinte West | | K8V 6M2
  • 5.49 sqft
  • 0 gar

$3,900,000

Est. Mtg $13,224 /mo
  • Days on market

    100

  • Status

    A

Listing Broker MARINO LOCATIONS LIMITED
Since listed: 3 views

Home details

MLS #:

X9253970

Property type:
Land
Style:
Taxes:
$18,636
Possession:
Condo Fee:
Lot Size:
79.4 X 201.2
Zoning:
C-7
Use:
Other Retail
Heat:
None

Description


17524 HIGHWAY 2, , Quinte West, Ontario is a Land property in Quinte West and in the community in the K8V 6M2 postal code


5.486 acres of commercial development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings. Severance has been approved to separate this 5.486 acre parcel fronting Hwy 2 from the remaining southern 4.102 acre portion as per attached severance sketch, which can be completed within approximately 2 weeks. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this centre. Serious inquiries only - no sale assignments please. Vendor take back mortgages are available & subject to negotiation. Closing of Sale must occur by November 2024, so any conditional periods for due diligence must be completed within that timeframe..

Extras

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Payment calculator

$14777 monthly. In association with: TD Bank
%
  • Principal and Interest
    13224 /mo
  • Property Taxes
    $1552 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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