Prime redevelopment opportunity on a high-exposure corner lot with two major road frontages, zoned Highway Commercial (HC), offering exceptional potential along a major corridor just minutes from Highway 401. This well-maintained 3-bedroom home sits on a spacious corner lot with two road frontages, offering exceptional visibility and easy access from multiple directions. Ideal for families, investors, or those seeking a live/work opportunity, the home features a functional layout with bright principal rooms, a spacious kitchen, and comfortable living areas—perfect for immediate occupancy or rental income. Zoned Highway Commercial (HC) under the Town of Ingersoll’s Zoning By-law 04-4160, this property offers incredible redevelopment potential along a high-traffic corridor just minutes from Highway 401. The HC zoning allows for a wide range of uses including restaurant or drive-thru, gas station, car dealership, retail, service shop, motel, and more, making it ideal for future commercial development. *Opportunity for vendor take-back financing available. The large lot supports ample building footprint, parking, and excellent traffic flow, while dual frontages provide superior exposure and signage opportunities—perfect for high-visibility businesses. The existing home can continue as a legal use in the interim or be incorporated into future plans. A rare opportunity to secure a versatile property with strong income potential today and exceptional long-term upside. Flexible possession available. Don’t miss this unique blend of residential comfort and commercial opportunity! (id:4069)
Address
407 BELL Street
List Price
$949,900
Property Type
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Ingersoll
Floor Area
1,235 Sq. Ft.
Lot Size
0.79 Sq. Ft.
Year Built
1910
MLS® Number
40812911
Listing Brokerage
RE/MAX Garden City Realty Inc.
Basement Area
Full
Postal Code
N5C2P7
Zoning
HC
Site Influences
Schools
