122A King Street Palmerston, ON N0G 2P0
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40862914
Annual Tax Amount $791
Property Sub-Type Mixed Use
Source Cornerstone
Property Description
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, Orangeville 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 (located in the photo section) 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 with significant potential for investment. For those who can look beyond the vacant land and recognize the opportunities that growth can create, Palmerston offers an exciting environment for long-term investment and development.,
Please inquire for more details.
Parcel for sale is comprised of two lots. See photos for irregular dimensions.
Location
Province ON
County Wellington
Area Minto
Zoning C2-21 Highway Commercial Site-Specific
Direction Prominently situated just off King Street in Palmerston, right next to the King Motel and near the Wellington Rd 93 / Hwy 23 intersection. High regional accessibility, strong traffic exposure, and connections to KW, Listowel, and surrounding markets.
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available None
Lot Frontage 378.82
Lot Depth 327.85
Garage No
Building
Lot Description Urban, Irregular Lot, Ample Parking, City Lot, Highway Access, Hospital, Industrial Park, Schools
Faces Prominently situated just off King Street in Palmerston, right next to the King Motel and near the Wellington Rd 93 / Hwy 23 intersection. High regional accessibility, strong traffic exposure, and connections to KW, Listowel, and surrounding markets.
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 710350427
Ownership Freehold/None