33 First Street E Cornwall, Ontario K6H 1K5
$1,199,000
13 UNIT PROSPECTIVE RE-DEVELOPMENT OPPORTUNITY, in the heart of downtown Cornwall. Property is situated within steps to the mall, independent shops, restaurants, the bus route and the St. Lawrence Waterfront Park. Building is 12800+ sq feet including a bonus heated work-shop or optional tenant parking garage. Plans are fully engineered to convert this former dance-hall and hotel into 11 one-bedroom units, 1 bachelor unit and 1 two-bedroom unit. Structural & cladding permits open, with this work nearly complete. Building has new roof, new windows and doors, in-floor radiant heated garage with 3 overhead doors. CBD zoning allows for many permitted uses. Buyer can proceed with included residential conversion plans or devise their own concept. Rather than buying re-sale multi-res buildings with low grandfathered income, design the standard of your own units, choose your tenants and set the rent! Vendor financing available. Access to building limited. 24hr irrevocable. Call today! (id:37684)
Property Details
| MLS® Number | 1342944 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
| Parking Space Total | 18 |
Building
| Constructed Date | 1900 |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Stories Total | 2 |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 108 Ft |
| Size Frontage | 98 Ft |
| Size Irregular | 98 Ft X 108 Ft |
| Size Total Text | 98 Ft X 108 Ft |
| Zoning Description | Cbd |
https://www.realtor.ca/real-estate/25612661/33-first-street-e-cornwall-downtown
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May 20 2023 09:16:02
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.
