Primary photo of 203 RUSSELL STREET, Centre Hastings
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Retail For Sale

$700,000

MLS® Number: X12984202

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

Mortgage Calculator

20% ($140,000)
5.5%
25 Years

Estimated Monthly Payment

$3,439

Principal and interest only. Actual rates may vary.

Location & Map

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