Primary photo of 19 STURGEON BAY ROAD, Severn (Coldwater)
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Vacant Land For Sale

$399,999

MLS® Number: S12938506

Floor Area

37,857

19 STURGEON BAY ROAD, Severn (Coldwater), Ontario

About This Property

Top 5 Reasons You Will Love This Property: 1) Exceptionally located at the main gateway to the fast growing and vibrant Coldwater community, with prime exposure just off two major highways, positioning this site for strong future development and long-term growth potential 2) Current zoning allows for a broad range of commercial and mixed-use uses, offering flexibility for retail, office, or combined concepts in a high-traffic, business-friendly setting with multiple income-generating possibilities 3) A potential zoning change to residential may be explored, subject to township approvals, creating additional opportunities for both near-term and strategic long-range development and enhanced value creation 4) With site plan approval already in place, the property is ready for swift development of a 9,000 square foot commercial complex, or can be held as a smart land-bank investment in a rapidly expanding area 5) Immediate possession is available, allowing you to proceed with development right away or secure the land now and capitalize on future appreciation as the market continues to evolve making this a compelling investment opportunity.

Property Details

Interior Details

Living Area

37857 sqft

Land & Location

City Region

Coldwater

Frontage Length

257.9 feet

Lot Size Dimensions

257.75 x 167.29 FT

Postal Code

L0K3E0

Listing & Financials

Listing Office

FARIS TEAM REAL ESTATE BROKERAGE

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($80,000)
5.5%
25 Years

Estimated Monthly Payment

$1,965

Principal and interest only. Actual rates may vary.

Location & Map

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