2465 Highway 518 W, McMurrich/Monteith, Ontario P0A 1Y0

Listed for:
$350,000
0 beds
0 baths
Listed 16 days ago
2465 Highway 518 W, McMurrich/Monteith, Ontario P0A 1Y0

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About

Cross Streets: HWY518 / GEORGE ST. ** Directions: SOUTH OF HWY518. 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. (id:27476)

Property Highlights

MLS® Number
X13626150
Type
Retail
Community Name
Sprucedale
Land Size
Bldg=150 x 200 FT
Parking Space Total
4

Building

Square Footage
12000 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
No heat
Heating Fuel
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
REAL ONE REALTY INC.
MLS® number:
X13626150
Agent:
Albert Yu
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