Lot: 98 x 108 ft

33 First Street E
Cornwall, ON K6H 1K5 | Downtown

13 UNIT PROSPECTIVE RE-DEVELOPMENT OPPORTUNITY, in the heart of downtown Cornwall. Property is situated within steps to the mall, independent shops, restaurants, the bus route and the St. Lawrence Waterfront Park. Building is 12800+ sq feet including a bonus heated work-shop or optional tenant parking garage. Plans are fully engineered to convert this former dance-hall and hotel into 11 one-bedroom units, 1 bachelor unit and 1 two-bedroom unit. Structural & cladding permits open, with this work nearly complete. Building has new roof, new windows and doors, in-floor radiant heated garage with 3 overhead doors. CBD zoning allows for many permitted uses. Buyer can proceed with included residential conversion plans or devise their own concept. Rather than buying re-sale multi-res buildings with low grandfathered income, design the standard of your own units, choose your tenants and set the rent! Vendor financing available. Access to building limited. 24hr irrevocable. Call today! (id:47421)
Data Provided By Cornwall & District Real Estate Board
MLS® Listing Number 1359328
Last Updated Sep 07, 2023
Property Summary
Property Type Multiplex

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Neighbourhood Downtown
Price History

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Detailed Information
Lot 98 x 108 ft
Listing Contract Date 2023-09-06
Management Company 0 -
Municipal ID 601670197
Ownership Type Freehold
# of Parking Spaces 18
Property Type Multi-family
Transaction Type For sale
Zoning Description CBD
Constructed Date 1900
Exterior Finish Brick
Foundation Type Stone
Stories Total 2
Utility Water Municipal water
Total Size 98 ft X 108 ft
Size of Irregular Land 98 ft X 108 ft

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