For Sale Retail

665 Van Buren Street

$1,500,000 Est. $6,642/mo ↓

North Grenville, Ontario K0G 1J0

2 Acres Interior
2.122 Ac Lot size
20 days ago Listed
Fully Air Conditioned Forced Air Acreage

About this home

Discover an exceptional commercial and future development opportunity in Kemptville! Situated on 2.12 acres in a C5-h Commercial zone, 665 Van Buren Street presents an exciting opportunity for investors, developers, and entrepreneurs alike. The possibilities for this property are endless, with future development potential that could lend itself to a commercial plaza or single-business use. The property could be ideally suited for a daycare, wellness centre, light industrial use, or any of the diverse options outlined in the attached list of permitted zoning uses. This versatile property is located less than one kilometre from a bustling shopping area containing a Walmart, Starbucks, Canadian Tire, a new hotel currently under construction, and various other popular businesses.In the meantime, the existing property offers excellent income potential, with two separate residential units providing rental opportunities while you plan for future business uses. The main residence includes 4 bedrooms and 2.5 bathrooms, extensively renovated in 2020 with rustic finishes and an open-concept layout. A self-contained one-bedroom granny suite provides an additional rental unit, or a space for operating your business. The property also features a private backyard with an in-ground swimming pool and substantial outdoor space, adding further versatility and appeal. The beauty of the home may just entice you to move in yourself! Whether you envision developing a commercial plaza, operating a business, or simply living on-site, this property offers the flexibility to adapt to your vision. With its generous 2.12-acre footprint, commercial zoning, existing rental income potential, and range of possible future uses, this is a property with countless opportunities in a desirable Kemptville location. (id:28469)

Facts & features

Property

MLS® Number
X13601862
Property Type
Retail
Community Name
801 - Kemptville
Amenities Near By
Highway

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
2 Acres
Utility Water
Drilled Well

Land

Acreage
Yes
Land Amenities
Highway
Size Frontage
335 Ft ,11 In
Size Irregular
2.122
Size Total
2.122 Ac
Size Total Text
2.122 Ac
Zoning Description
C5

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

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
$6,642/mo
Ontario land transfer tax
$26,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Kemptville market

64 Active listings
$622,450 Median asking price
141% above median This home
28 days Avg. time on market
Browse all Kemptville listings →

Location

665 Van Buren Street, North Grenville, Ontario K0G 1J0  ·  Get directions

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