
Retail For Sale
$700,000
MLS® Number: X12984202
Floor Area
3,600
Retail For Sale
$700,000
Floor Area
3,600
203 RUSSELL STREET, Centre Hastings, Ontario
About This Property
Prime Commercial Opportunity with Redevelopment Potential - 203 Russell Street N, Madoc. Positioned on a high-exposure corner in the heart of Madoc, this nearly 1-acre commercial property offers exceptional visibility and versatility for investors, owner-operators, and developers alike. The site features approximately 0.96 acres with strong frontage and access along Russell Street (Hwy 62), benefiting from consistent traffic flow and excellent exposure-ideal for a wide range of commercial uses. Currently improved with a commercial building previously used for food service, the property provides a functional footprint for those looking to renovate, reposition, or repurpose the existing structure. Zoned C1 (Commercial), the property allows for a broad spectrum of permitted uses, making it equally attractive as a turnkey location or a strategic long-term investment. Where this property truly stands out is its redevelopment potential. With its generous lot size, corner positioning, and strong exposure, the site presents a compelling opportunity for future intensification-whether through a new commercial concept, mixed-use development, or a modern reimagining of the existing improvements. Located within a growing regional community and surrounded by established residential neighborhoods, this is a rare chance to secure a high-profile site with both immediate utility and long-term upside.
Property Details
Interior Details
Cooling
Fully air conditioned
Heating
Other
Living Area
3600 sqft
Building & Exterior
Building Area Total
3600.0
Building Area Units
square feet
Parking Features
Other
Land & Location
City Region
Centre Hastings
Lot Size Dimensions
Bldg=237.6 x 125.4 Acre ; 252.22 ft x 204.43 ft x 8.76
Postal Code
K0K2K0
Listing & Financials
Listing Office
EKORT REALTY LTD.
Originating System Name
Central Lakes Association of REALTORS®
Other Specifications
Country
Canada
Listed By
EKORT REALTY LTD.
Mortgage Calculator
Estimated Monthly Payment
$3,439
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,439
Principal and interest only. Actual rates may vary.