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140 Front st. South ST Sarnia, ON N7T 7H8
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Sarnia
MLS Listing ID X13025416
Annual Tax Amount $81,469
Tax Year 2025
Property Sub-Type Investment
Property Description
PROPERTY ASSEMBLAGE FOR SALE. RESIDENTIAL/COMMERCIAL MIX PROPERTY OVERLOOKING THE ST CLAIR RIVER & IN SARNIA'S HIGHEST POPULATION DENSITY AREA. CONSISTING OF 11 RESIDENTIAL UNITS & 5 COMMERCIAL UNITS. THE HOUSES AND BUILDINGS HAVE ALL HAD EXTENSIVE UPGRADES. HIGHLY SOUGHT AFTER RESIDENTIAL UNITS ARE TASTEFULLY DECORATED & COMMAND TOP END LEASING RATES. STRONG ROSTER OF COMMERCIAL TENANTS TAKE ADVANTAGE OF THIS PREMIUM LOCATION & AMENITIES. THIS PROPERTY IS TRULY INSPIRING AESTHETICALLY & IS BUILT TO BE EFFICIENT AS AN INCOME GENERATOR. CURRENTLY GROSSING APPROX $500,000 ANNUALLY, THE PROPERTY ALSO HAS FUTURE DEVELOPMENT OPTIONS AS THE 1.72 ACRE SITE HAS FRONTAGE ON 3 STREETS. . 2 SHAREHOLDERS ARE REAL ESTATE AGENTS IN THE PROVINCE OF ONTARIO.
Location
Province ON
County Lambton
Area Lambton
Zoning GC2
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 285.0
Lot Depth 225.0
Others
Security Features Partial
ParcelsYN No
Listed by COLDWELL BANKER SOUTHWEST REALTY