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For Sale

25 & 27 Forsyth Street, Marmora and Lake, ON K0K 2M0

$499,000

  • Commercial Retail
  • MLS® X13681130

Listing Brokerage: RE/MAX CROSSROADS REALTY INC.

Description

Two commercial buildings being sold together in the heart of Marmora.29 Forsyth Street previously consisted of two commercial units fronting the main street, which have since been opened up into one large space. The building has been vacant for approximately three years and requires TLC, renovations, and restoration to bring it back to its former potential.25 Forsyth Street features two commercial units on the lower level and previously included three upper-level residential apartments. The residential units now require extensive renovations. The first commercial unit was formerly a well-established restaurant, while the second unit offers excellent potential for a retail store or other commercial use. Both buildings require extensive renovation and restoration.Hydro and natural gas services are currently disconnected to both buildings. Properties are being sold strictly in "As Is" condition.An excellent opportunity for investors, entrepreneurs, or those looking to create and customize commercial and residential spaces to suit their own vision.The current owner has completed some renovations and improvements to the property; however, additional renovations and restoration work are still required to bring the buildings to their full potential. The property is being sold in "As Is" condition.Taxes 26 Forsyth Street $3919, 29 Forsyth Street $3225.

Property details

MLS® number
X13681130
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
Marmora Ward
City
Marmora and Lake
Building area
6000 Square Feet
Lot width
48.25 Feet
Lot depth
165.65 Feet
Approximate age
31-50
Heating
Gas Forced Air Open
Cooling
Yes
Garage
None
Taxes
$7,144.00
Tax year
2026
Office area
1500
Retail area
6000
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

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