Description
Prime Lakeside Investment & Development Opportunity Welcome to 1445 St. Margarets Bay Road The property features a 2,500 sq. ft. building in excellent condition, fully leased to Canada Post on a Net Rent basis—with the tenant covering all operating costs and property taxes. This means stable, hassle-free income from a secure national tenant. Beyond its current income stream, this site offers exceptional development potential. With as-of-right zoning for up to a 30,000 sq. ft building., the C2 zoning permits a wide variety of commercial and residential uses, making it ideal for mixed-use, retail, office, or residential projects. Perfectly positioned just 2 km from Bayers Lake, this lakeside property combines strong existing revenue with incredible future growth potential—an opportunity not to be missed for investors and developers alike.
Listing Details
1445 St Margaret's Bay Road, Lakeside, B3T 1M6
ACTIVE
$850,000
202520638
n/a
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34
2,412 ft2
2,412 ft2
00347930
Municipal
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Cable,Electrical,Municipal Water,Sewer,Telephone
Building Specifications
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Asphalt Shingle
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Concrete