475 Main St E, Palmerston

MLS# 40376165

Great investment opportunity w/this Hwy Commercial lot »

Great investment opportunity in the growing Town of Palmerston (conveniently located to KW, Guelph & Orangeville (approx35-45 minutes)) for this 1.536 acre (irregular shaped) (un-serviced) parcel on main highway w/C-2 zoning. The potential for this property is that you can build (for) only commercial use or build a commercial building that covers (at least) 51% sq. ft (on the main level) of any new build w/the potential to add multi-level additional residential units above (must comply with zoning). Please see Sellers rendering drawing in the photos, this would be an excellent example of what could be built. This is the only property like this in the Town of Palmerston w/this particular zoning that is off of a paved Highway (#23) . This commercial lot has many possibilities & great potential, one could contact the Town of Minto building department for more details & information 519.338.2511. Please note the lay of the land as outlined in the first picture & that the lot widens out to its fullest width after the initial entrance of (approx. 160 feet in length). There are currently “NO” buildings on this vacant parcel, immediate possession possible.