25 & 27 Forsyth Street, Marmora and Lake, ON

$499,000

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About 25 & 27 Forsyth Street

Two commercial buildings being sold together in the heart of Marmora.29 Forsyth Street previously consisted of two commercial units fronting the main street, which have since been opened up into one large space. The building has been vacant for approximately three years and requires TLC, renovations, and restoration to bring it back to its former potential.25 Forsyth Street features two commercial units on the lower level and previously included three upper-level residential apartments. The residential units now require extensive renovations. The first commercial unit was formerly a well-established restaurant, while the second unit offers excellent potential for a retail store or other commercial use. Both buildings require extensive renovation and restoration.Hydro and natural gas services are currently disconnected to both buildings. Properties are being sold strictly in "As Is" condition.An excellent opportunity for investors, entrepreneurs, or those looking to create and customize commercial and residential spaces to suit their own vision.The current owner has completed some renovations and improvements to the property; however, additional renovations and restoration work are still required to bring the buildings to their full potential. The property is being sold in "As Is" condition.Taxes 26 Forsyth Street $3919, 29 Forsyth Street $3225.

Features of 25 & 27 Forsyth Street

MLS® # X13681130
Price $499,000
Bathrooms 0.00
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 25 & 27 Forsyth Street
Area Hastings
Subdivision Marmora Ward
City Marmora and Lake
Province ON
Postal Code K0K 2M0

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Yes
Fireplace No

Listing Details

OfficeRE/MAX CROSSROADS REALTY INC.

Listing Map