Mixed Commercial Residential Development Land Available
Description
Unserviced IRR shaped vacant land with services available at the road!
Welcome to a standout development opportunity in the Town of Palmerston. This approximate 2.6687 acre parcel is positioned just off King Street, right next door to the King Motel. It’s an ideal location for commuters and regional access, sitting close to the intersection of Highway 23 with quick, straightforward drives to Listowel, Harriston, and the Kitchener-Waterloo area.
Zoned C2-21 Highway Commercial Site-Specific, the property is zoned for a flexible, well-balanced mix of 33 percent commercial and 67 percent residential density. The current conceptual site plan features multiple building footprints built around convenient central parking, giving you a fantastic template to work from. Road access is supported by an established easement, and with the site plan control process already well underway, much of the early legwork is completed so you can jump right into the next phase.
Please note that the included site plan and renderings represent just one potential layout concept drawn up by the current owner. A wide range of alternative possibilities and configurations may be available, subject to approval from the Town of Minto building and planning department.
Palmerston is a growing community that has much to offer for investment opportunities for those that are able to see more than just a vacant parcel of land!
Parcel for sale is comprised of two lots. See photos for irregular dimensions.
Please inquire for more detail.
Overview
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ID 4515
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Type Vacant Land
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Land Size 2.7 Acres
Address
Open on Google Maps-
Address 122A King St
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Province/State ON
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City/Town Palmerston
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Postal code/ZIP N0G2P0
Details
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Property ID 4515
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Price $2,499,000
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Property Type Vacant Land
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Property Status For Sale
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Land area 2.7 Acres
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MLS# 40862914
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Realtor.ca Link https://www.realtor.ca/real-estate/30281003/122a-king-street-palmerston