This superior development opportunity is located on 8th Street East, between Munroe Ave S and McKinnon Ave S, providing 50’ of frontage and 125’ of depth. This lot provides great exposure for any business along one of the main commercial thoroughfares in the City, with zoning that permits a range of professional, medical and office uses.

BUILDING SIZES
• ±885 SF art gallery plus basement
• ±300 SF garage

 LAND SIZE
±0.14 acres, ±6,250 SF (50FT X 125FT)

SALE PRICE
$699,000

PROPERTY TAXES
$4,087.81 (2020)

PARKING
2-car detached garage plus concrete driveway

SITE DETAILS
• Average Daily Traffic Count: 26,900 (2017)
• Located along the city’s future Bus Rapid Transit route; completion expected 2025

DEMOGRAPHICS  (3km radius)
• Population: 65,747
• Number of occupied households: 29,808
• Average Family income: $134,069

ZONING
M1

LEGAL DESCRIPTION
Surface Parcels 120105931 and 120105942

POSSESSION
Immediate