2465 Highway 518 W
Mcmurrich/Monteith, P0A 1Y0
FOR SALE
$350,000
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Commercial Retail
CATEGORY 6,000 Sq Ft
RETAIL AREA X13626150
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Property Description
Prime Redevelopment Opportunity: Historic 6,000+ SQFT Asset with Grant PotentialCapitalize on this high-potential redevelopment project positioned on an expansive 150' x 200' lot. Formerly the historic Sprucedale School House, this structurally sound 6,000+ sq. ft. building spans two massive levels, complemented by a detached 640 sq. ft. storage facility. Character features, including original hardwood floors, offer unique architectural integration for a premium multi-residential or senior living conversion. The property aligns exceptionally well with lucrative government grants for senior housing infrastructure. Vital environmental due diligence, including the Designated Substances Survey (DSS) and Chimney Swifts Report, will be released to the successful buyer upon contract. Sold "As-Is, Where-Is," this blank-canvas asset is primed for an investor looking to maximize ROI in a high-demand sector.
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Property Details
Address
2465 Highway 518 W
Community
Postal Code
P0A 1Y0
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
COMMERCIAL GENERAL
Lot Size
150' x 200'
Retail Area
6,000 Sq Ft
Heat Type
None
Water
Other
Parking Spaces
4
Garage Type
None
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Listing contracted with Real One Realty Inc.
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