This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:51158)
| MLS® Number | 25024253 |
| Property Type | Vacant Land |
| Acreage | No |
| Sewer | Unknown |
| Size Irregular | 488.69 Feet X Irregular / 19.4 Ac |
| Size Total Text | 488.69 Feet X Irregular / 19.4 Ac |
| Zoning Description | C4 |
https://www.realtor.ca/real-estate/28901501/vl-mersea-rd-5-leamington
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