3365 Culp Road

Lincoln, L0R 2E0
FOR SALE
$1,699,000
3365 Culp Road, Lincoln
3365 Culp Road
3365 Culp Road
3365 Culp Road
3365 Culp Road
3365 Culp Road
3365 Culp Road
3365 Culp Road
Investment
CATEGORY
33,000 Sq Ft
TOTAL AREA
X12059545
MLSID
Contact Us
Property Description
High-Yield Commercial Opportunity: Revitalized Plaza, Maximum Flexibility!Unlock Immediate Value & Future Growth: This meticulously renovated, single-story commercial plaza offers 10,580 sq ft of prime retail space on a sprawling 33,000 sq ft lot, just 3km from the QEW. Capitalize on strategic location and RUC-2 zoning, allowing for diverse tenant possibilities: daycare, veterinary, specialty retail, and more.Key Investment Highlights:Complete Revitalization: Benefit from recent upgrades including new framing, drywall, insulation, exterior cladding, and re-graveled floors, minimizing future capital expenditures.Six Individual Gas Meters: Streamline tenant billing and maximize operational efficiency.Subdivision Potential: Divide into up to 6 separate units, creating multiple income streams and increasing tenant flexibility.Strategic QEW Access: Leverage unparalleled visibility and accessibility for a high-traffic location.Versatile Unit Configuration: Two existing units (4,089 & 6,491 sq ft) offer immediate rental potential.RUC-2 Zoning Advantage: Tap into a wide range of permitted uses, attracting diverse and stable tenants.Expansive Land Parcel: 33,000 sq ft lot provides potential for future expansion or development.Investment Analysis:This property presents a unique opportunity to acquire a fully rejuvenated asset with significant income potential. The recent upgrades, coupled with the subdivision capability, offer investors the chance to maximize returns and attract a diverse tenant base. The strategic QEW location ensures consistent traffic, making this a highly desirable commercial destination.
Property Details
Address
3365 Culp Road
Postal Code
L0R 2E0
Property Type
Investment, Investment
Days On Market
25
Use
Retail
Zoning
RUC-2 (Rural Commercial)
Lot Size
173' x 189'
Total Area
33,000 Sq Ft
Office Area
400 Sq Ft
Retail Area
4,000 Sq Ft
Industrial Area
6,000 Sq Ft
Taxes
$21,000 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with Homelife/Romano Realty Ltd.
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