2465 Highway 518 W N/a, McMurrich/Monteith, ON

$350,000

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About 2465 Highway 518 W N/a

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.

Features of 2465 Highway 518 W N/a

MLS® # X13626150
Price $350,000
Bathrooms 0.00
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 2465 Highway 518 W N/a
Area Parry Sound
Subdivision Sprucedale
City McMurrich/Monteith
Province ON
Postal Code P0A 1Y0

Amenities

Parking Spaces 4
Garages None
Is Waterfront No

Interior

Heating None
Cooling No
Fireplace No

Listing Details

OfficeREAL ONE REALTY INC.

Listing Map