405 FIRST AVENUE S

Property facts

Price

$875,000

Type

retail

Bedrooms

0

Bathrooms

0

MLS®

X13489380

Status

active

Brokerage

Century 21 Northern Choice Realty Ltd.

About this home

Description provided by the listing brokerage

Rare Waterfront Commercial Development Opportunity Positioned to capture beautiful west-facing sunsets, this unique commercial waterfront property offers deep-water frontage and exceptional redevelopment potential on Lake of the Woods. Whether your vision is a commercial marina, waterfront business, mixed-use development, or another commercial venture, the foundation is already in place. The property includes new Poralu floating docks installed in 2018, a Water Lot, and a Land Use Permit, providing valuable infrastructure for future development. The site encompasses approximately 48 x 56 metres (28,731 sq. ft.) of combined land and water area, offering ample room to create a distinctive waterfront destination. There is also potential to develop additional mainland parking and docking facilities, further enhancing the property's versatility and long-term value. Two existing buildings are located on the property and are being sold as shell structures, allowing the next owner complete flexibility to design and finish the space to suit their own requirements. Please note that the Seller has advised there are no keys available for the buildings, as the interiors can be viewed through the windows. Commercial waterfront opportunities with deep water, established docking infrastructure, and significant redevelopment potential are increasingly difficult to find. Bring your imagination and discover the possibilities this exceptional property has to offer. Come and See!

Location