203 RUSSELL Street
Centre Hastings, ON
- 3,600 sqft
- Commercial Retail
- 154 days on market
Prime Commercial Opportunity with Redevelopment Potential - 203 Russell Street N, Madoc. Positioned on a high-exposure corner in the heart of Madoc, this nearly 1-acre commercial property offers exceptional visibility and versatility for investors, owner-operators, and developers alike. The site features approximately 0.96 acres with strong frontage and access along Russell Street (Hwy 62), benefiting from consistent traffic flow and excellent exposure-ideal for a wide range of commercial uses. Currently improved with a commercial building previously used for food service, the property provides a functional footprint for those looking to renovate, reposition, or repurpose the existing structure. Zoned C1 (Commercial), the property allows for a broad spectrum of permitted uses, making it equally attractive as a turnkey location or a strategic long-term investment. Where this property truly stands out is its redevelopment potential. With its generous lot size, corner positioning, and strong exposure, the site presents a compelling opportunity for future intensification-whether through a new commercial concept, mixed-use development, or a modern reimagining of the existing improvements. Located within a growing regional community and surrounded by established residential neighborhoods, this is a rare chance to secure a high-profile site with both immediate utility and long-term upside.
Listing Details
- Taxes (2026)
- $10,402
- Originally Listed
- $700,000
- Listed
- April 10, 2026
Price History
Parking
- Garage
- Other
Location & Legal
- Cross Street
- Hwy 7 & Russell
- Zoning
- C1
- Parcel Number
- 401880063
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Other
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
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
Commercial in Centre Hastings · last 12 months
- Median sold price
- $490,000
- Homes sold
- 85
- Median days on market
- 41
- Sale-to-list price
- 95.3%
Based on 85 recorded sales of commercial properties in Centre Hastings over the last 12 months.
Listed by
EKORT REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,600 sq ft
- Price per sq ft
- $180.53
- Annual property tax
- $10,402
- Tax per sq ft
- $2.89
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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