104 HIGHLAND RD Active Save Request In-Person Tour Request Virtual Tour
North Bay,ON P1B 6K4
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Central
MLS Listing ID X11997044
Annual Tax Amount $9,024
Tax Year 2024
Property Sub-Type Land
Property Description
Prime Investment Opportunity! Ideally situated along Algonquin Avenue at a high-visibility, signalized intersection, this property offers unparalleled exposure and accessibility. With flexible zoning and municipal support, the site is primed for a range of development possibilities including an apartment complex (22 traditional or 40 micro-units) and other residential opportunities. While only a portion is currently zoned R3, the vendor is committed to working with buyers to facilitate zoning adjustments and ensure a smooth sale process in compliance with site plan regulations. Under its C4 zoning designation, the property is also an ideal location for commercial ventures such as quick-service restaurants, retail stores, medical and professional offices, or entertainment establishments. A recent lot survey and a 2022 Phase II Environmental Site Assessment confirm the site's readiness for development. Whether you're an investor seeking strong returns or an entrepreneur with a vision, this prime location offers limitless potential for long-term success. Don't miss out on this exceptional opportunity!
Location
Province ON
County Nipissing
Community Central
Area Nipissing
Zoning C4R3
Rooms
Kitchen 0
Interior
Inclusions None
Exterior
Community Features Major Highway,Public Transit
Utilities Available Available
Building
Lot Description Irregular Lot
New Construction false