2465 HIGHWAY 518 W, McMurrich/Monteith, ON P0A 1Y0

$350,000

Commercial Retail
MLS® X13626150

Listing Brokerage: REAL ONE REALTY INC.

Description

Prime Redevelopment Opportunity: Historic 6,000+ SQFT Asset with Grant PotentialCapitalize on this high-potential redevelopment project positioned on an expansive 150' x 200' lot. Formerly the historic Sprucedale School House, this structurally sound 6,000+ sq. ft. building spans two massive levels, complemented by a detached 640 sq. ft. storage facility. Character features, including original hardwood floors, offer unique architectural integration for a premium multi-residential or senior living conversion. The property aligns exceptionally well with lucrative government grants for senior housing infrastructure. Vital environmental due diligence, including the Designated Substances Survey (DSS) and Chimney Swifts Report, will be released to the successful buyer upon contract. Sold "As-Is, Where-Is," this blank-canvas asset is primed for an investor looking to maximize ROI in a high-demand sector.

Property details

MLS® number: X13626150
Transaction: For Sale
Property type: Commercial
Style / use: Commercial Retail
Community: Sprucedale
City: McMurrich/Monteith
Building area: 12000 Square Feet
Lot width: 150 Feet
Lot depth: 200 Feet
Heating: None
Cooling: No
Garage: None
Tax year: 2025
Retail area: 6000
Listing brokerage: REAL ONE REALTY INC.

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