Two commercial buildings being sold together in the heart of Marmora.29 Forsyth Street previously consisted of two commercial units fronting the main street, which have since been opened up into one large space. The building has been vacant for approximately three years and requires TLC, renovations, and restoration to bring it back to its former potential.25 Forsyth Street features two commercial units on the lower level and previously included three upper-level residential apartments. The residential units now require extensive renovations. The first commercial unit was formerly a well-established restaurant, while the second unit offers excellent potential for a retail store or other commercial use. Both buildings require extensive renovation and restoration.Hydro and natural gas services are currently disconnected to both buildings. Properties are being sold strictly in "As Is" condition.An excellent opportunity for investors, entrepreneurs, or those looking to create and customize commercial and residential spaces to suit their own vision.The current owner has completed some renovations and improvements to the property; however, additional renovations and restoration work are still required to bring the buildings to their full potential. The property is being sold in "As Is" condition. (id:4069)
Address
25 & 27 FORSYTH STREET
List Price
$499,000
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Marmora And Lake (marmora Ward)
Floor Area
6,000 Sq. Ft.
Lot Size
Bldg=48.25 x 165.65 FT Sq. Ft.
Lot Depth
165 ft ,7 in
Frontage Length
48 ft ,3 in
MLS® Number
X13681130
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Postal Code
K0K2M0
Zoning
MSC
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Fully air conditioned
Water Source
Municipal water
