Excellent location for commercial or residential development with great visibility of this elevated property. Almost 20 acres, Seller will sell the entire parcel or a customized portion, severance at the Buyers expense, for ($350k at front, $250k at rear), per acre (contact LA re: development required to sever). Approx. 747 feet of frontage overlooking the Kingsway, a high traffic area above local restaurants, car lots, commercial buildings. Adjacent to new shopping development and Microtel Inn & Suites, backing onto Junction Creek Conservation land and Adanac Ski Hill. Spectacular views and visibility, see all the way up the Kingsway to downtown Sudbury. Property has been landscaped in almost all areas, gently rolling with tiers of levelled plateaus, wide gravel roads throughout, panoramic vistas from all areas, really a beautiful location for future developments. 2 entrances to access the property, on the west side, a gravel road at the Kingsway, on the east side, Silver Hills Drive, privately maintained, servicing Microtel Inn and a new commercial development, and terminating at our lot line. Property is currently used as multi-family, vehicle sales, but primary value is in the land for future development. Current residences and mixed use buildings include: Main residence built in 1963, a separate residence currently rented; a mobile home with garage currently rented; a duplex; additional mobile home used for office and storage; older garage with 3 bays; large quonset building used for storage. Property is serviced with hydro, municipal sewer and water, telephone. Natural gas has been brought up the hill, installed in adjacent property. Signage at the highway is owned. Financing or payment options are available to highly qualified buyer. (id:34268)
MLS® Number | 2081809 |
Property Type | Vacant Land |
Neigbourhood | Sunrise Ridge Estates |
Amenities Near By | Public Transit, Shopping, Ski Hill |
Community Features | Bus Route, High Traffic Area |
Utility Water | Municipal Water |
Other |
Access Type | Front & Rear Drive Access, Year-round Access |
Acreage | Yes |
Land Amenities | Public Transit, Shopping, Ski Hill |
Sewer | Municipal Sewage System |
Size Irregular | 747 X Irregular 1 Acre |
Size Total Text | 747 X Irregular 1 Acre|1 - 3 Acres |
Zoning Description | Open Space Private |
https://www.realtor.ca/real-estate/21196418/1212-kingsway-unit-50-55-greater-sudbury
Contact us for more information
Carmen Bedard
Broker
(705) 671-2222
(705) 671-2678
remaxsudbury.com