Waterfront Commercial & Residential Development Opportunity

WATERFRONT COMMERCIAL & RESIDENTIAL DEVELOPMENT OPPORTUNITY

11 Paudash Lake Road

TYPE: INVESTMENT

AREA: BANCROFT

PAUDASH LAKE IS A BEAUTIFUL AND POPULAR FOUR-SEASON MEDIUM SIZE FRESH WATER LAKE LOCATED IN THE CANADIAN SHIELD IN SOUTH-CENTRAL ONTARIO.

THERE ARE TWO SEPARATE PROPERTIES UNDER SEPARATE TITLES. THEY ARE LOCATED ON THE NORTH SIDE OF THE INTERSECTION OF PROVINCIAL HWY 28 AND PAUDASH LAKE ROAD DIRECTLY ON THE LAKE. TOGETHER THERE IS A TOTAL LAKE FRONTAGE OF 420 FEET AND TOTAL ROAD FRONTAGE OF 360 FEET

11 PAUDASH LAKE ROAD (COMMERCIAL)

Zoned Commercial With An Existing Structure, (The Former Paudash General Store). Has A High Traffic Volume And Visibility Location With The Benefits From Being ‘Grandfathered’ With All Existing Attributes Protected For Redevelopment, Giving It A Very Unique Advantage Respecting Building Size, Setbacks And Water Access. This Lot Has A New Commercial Sized 12,500 Litre Per Day Septic System And A New Drilled Well

15 PAUDASH LAKE RD (RESIDENTIAL)

The Zoning Allows Amongst Other Choices, The Construction Of A Duplex, Which Adds To Its Value Over A Single Dwelling Unit And Can Provide Additional Rental Units Should The Commercial Site Be Developed As Such. The Building Envelope Has Been Filled, Levelled And Ready For Construction. Both Lots Have Crowe Valley Conservation Authority Approvals To Redevelop And Build With A Five Year Window

ALL APPROVALS ARE IN PLACE

CLEAN PHASE 1 ENVIRONMENTAL STUDY COMPLETED

EXPANDED BUILDING FOOTPRINT APPROVED

Commercial Lot: $398,000
Residential Lot: $168,000

PLEASE DO NOT GO DIRECT. CONTACT THE LISTING AGENT FOR MORE INFO AND A COMPLETE OFFER PACKAGE. BUYER TO INDEPENDANTLY VERIFY ALL DETAILS INCLUDING LOT DIMENSIONS, SITE AREA AND ZONING.

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