1285 Bayfield Street N Springwater, Ontario L9X 0P1

$1,699,900

Located in the thriving municipality of Springwater, 1285 Bayfield Street North presents a prime investment opportunity with the potential to generate over $130,000 in net annual income when fully leased. Situated just minutes from Highway 400 and Bayfield Street, this 1.305-acre property offers excellent visibility and accessibility. Zoned CG General Commercial, it is ideal for a variety of uses including storage, retail, and other commercial operations. The site includes a 4,762 SF commercial building currently owner / Tenant occupied and a residential unit with an existing tenant, providing immediate income or flexibility for future use. Strategically positioned at the intersection of Bayfield Street and Snow Valley Road an area targeted for higher-order retail and employment-generating development under the Midhurst Settlement Area Secondary Plan the property is designated for Commercial/Mixed Use, offering strong short-term cash flow and long-term redevelopment potential. (id:60365)

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https://www.realtor.ca/real-estate/28515451/1285-bayfield-street-n-springwater-midhurst-midhurst