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For Sale

16 Spencer Street, South Bruce Peninsula, ON N0H 1P0

$750,000

  • 1 Bathrooms
  • Commercial Retail
  • MLS® X13735552

Listing Brokerage: HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Description

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.

Property details

MLS® number
X13735552
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
South Bruce Peninsula
City
South Bruce Peninsula
Bathrooms
1
Building area
19687 Square Feet
Lot width
53 Feet
Lot depth
196.98 Feet
Heating
Baseboard
Cooling
Partial
Garage
None
Taxes
$3,503.00
Tax year
2026
Business type
Automotive Related
Retail area
2088
Listing brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED

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