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$ 1,249,000
Est. payment | /mo
7,911 SqFt
$ 1,249,000
Est. payment | /mo
7,911 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,911 sqft
Price per Sqft $157
Subdivision 621 - North Cayuga
MLS® Listing ID 40800182
Year Built 1952
Lot Size 3.891 Acres
Acres 3.891
Property Sub-Type Freehold
Property Description
High-exposure commercial property located on a prominent corner lot along Highway 3 in Cayuga, offering exceptional visibility, frontage, and long-term value-add potential. The property spans approximately 3.891 acres (per GeoWarehouse) and benefits from consistent daily traffic generated by Lake Erie cottage travel, tourism, motorsports activity, and local commuter routes. The site includes an existing multi-unit complex providing immediate income from three residential leases, alongside vacant commercial space, creating a strong foundation for investors, owner-operators, or developers seeking lease-up, redevelopment, or site intensification opportunities. A former restaurant/storefront area is currently vacant and may be suitable for a variety of permitted uses under Commercial Service zoning. With extensive frontage on Highway 3 and secondary access from River Road, the property offers excellent development fundamentals and flexible layout potential. Excess land supports future expansion or alternative commercial uses, subject to municipal approvals. Strategically located approximately 30 minutes to Hamilton, Brantford, and Highway 403, and within 90 minutes of the GTA. Property is being marketed as real estate only. No active business is being sold. Conceptual renderings are for illustrative purposes only and do not imply approvals. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 52
Private Pool No
Building
Story 1
Sewer Septic System
Others
Ownership Freehold
Virtual Tour https://sites.ground2airmedia.com/sites/4905-on-3-cayuga-on-n0a-1e0-21696899/branded
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