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429 SOUTH COAST Drive

429 SOUTH COAST Drive

Nanticoke, Ontario

962 sqft • Retail

$295,000

Amazing opportunity to own 1.41 acre parcel of land located at the end of Sandusk Road enjoying partial Lake Erie views to the south. This highly visible corner lot is super popular with surrounding cottages offering 2 road frontages & 2 entrances allowing for easy accessibly. Located 45-55 commuting distance to Hamilton, Brantford & Hwy 403 - 15 east of Port Dover’s popular amenities & 8 mins west of the Village of Selkirk. An ideal venue to re-build, this once thriving, iconic commercial property, known locally as “Floyd’s Restaurant” to it’s former glory - however, the building 962sf building is now quite run down & derelict not operating for several years. The majority of value is in the land but having a recognized structure may assist in financing and/or future building permits. Currently zoned “C M” zoning allows for several permitted uses incs residential dwelling, home based business, outdoor storage etc. Buyer acknowledges the subject property, including all land, buildings, septic/water infrastructure, is being sold in it’s present “AS IS / WHERE IS “ condition. Rarely do such attractive & affordable properties become available. Potential Galore with a neat Lake Erie Twist!

Price History

Property

Lot Size
1.41 acres

Community

Postal area N0A

Population
31,957
Private dwellings
14,737
Median age
50.8
Average household size
2.4
Median household income
$88,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Retail in Nanticoke · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of retail properties in Nanticoke over the last 12 months.

Walk Score

5

Walk

20

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$59,000

Estimated Monthly Payment

$1,449

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,449/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $74/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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