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. (id:13843)
| MLS # | X12984202 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 214 |
| Listing Provided By | EKORT REALTY LTD. | Joseph Shunock |
| SQ Feet | 3,600 |
|---|---|
| Zoning | C1 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Other |
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|
| Tax Annual Amount | 10401.62 |
|---|
| Province | ON |
|---|---|
| City | Centre Hastings |
| Postal Code | K0K2K0 |
| Listing VS Median (in K0K2K0) | |
Price: $649,900 low | high Med: $599,900 sqft: 3,600 low | high Med: 700 $ / sqft: $181 low | high Med: $857 On site: 214 low | high Med: 32 | |
| Province | ON |
|---|---|
| City | Centre Hastings |
| Postal Code | K0K2K0 |
| Listing VS Median (in K0K2K0) | |
Price: $649,900 low | high Med: $599,900 sqft: 3,600 low | high Med: 700 $ / sqft: $181 low | high Med: $857 On site: 214 low | high Med: 32 | |