Exceptional opportunity to acquire a premier downtown Brockville corner with Lease in place fora drive-thru development (terms subject to confidentiality). Details are available upon execution of an NDA. The Lease Terms and Conditions to run with the sale. This offers a potential build-to-suit drive-thru restaurant opportunity with a major franchise tenant, subject to site plan approval and end-buyer development requirements. The Seller also owns an adjacent single-tenant property, and expanded acquisition opportunities may be considered. Location highlights: Key corner directly opposite Metro in downtown Brockville. Less than one block to the Brockville Arts Centre. Approximately 800 metres to Brockville City HalI. Immediate area momentum: adjacent rear lands recently developed with two multi-residential apartment buildings. Approximately 500 metres to the recently approved Dailey Lot development (128 residential units). Further details cannot be disclosed without a signed NDA. Long Form of Lease for Tenant may be subject to first right of refusal to purchase by Tenant. (id:28469)
Business
Business Type
Retail and Wholesale
Business Sub Type
Retail & offices
Facts & features
Property
MLS® Number
X13856778
Property Type
Vacant Land
Community Name
810 - Brockville
Features
Irregular Lot Size
Building
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
186 Ft ,9 In
Size Frontage
99 Ft
Size Irregular
0.457
Size Total
0.457 Ac
Size Total Text
0.457 Ac
Zoning Description
Mixed Use Downtown (md)
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,876/mo
Ontario land transfer tax
$9,465 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.