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Key Facts
Key facts for 70 Murphy Street
Property Type
Lots/Land
Parking
-
MLS #
X11918375
Size
-
Basement
-
Listed on
2025-01-10
Lot size
198 x 132.0
Tax
$5,204.14 /yr
Days on Market
641
Approximate Age
-
Maintenance Fee
-
Description
Wow...PRICED TO SELL! Offer Welcome Anytime * Attention Builders and Investors! CORNER LARGE COMMERCIAL LOT * Offers ENDLESS POTENTIAL for COMMERCIAL AND RESIDENTIAL USES * Located at the intersection of MURPHY AND MIDDLE STREETS IN DOWNTOWN * Ideal for MIXED-USE DEVELOPMENT * The lot is suitable fo...r a variety of possibilities, including a CHILD CARE CENTRE, PLACE OF WORSHIP, RETIREMENT HOME, and More! (CHECK ATTACHED DOWNTOWN COMMERCIAL BY-LAW FOR ALL PERMITTED USES) * Zoned C2-4, the property comes with a CONCEPT PLAN for a 6-STOREY BUILDING featuring 3 COMMERCIAL UNITS, 1 OFFICE RENTAL SPACE, and 47 RESIDENTIAL UNITS (7 TWO-BEDROOM + DEN, 34 TWO-BEDROOM, AND 6 ONE-BEDROOM UNITS), along with 51 PARKING SPACES * The lot is ALREADY PAVED and equipped with CITY WATER AND SEWER CONNECTIONS * Located in a PRIME AREA, it is just a 2-MINUTE WALK to TIM HORTONS, TACO TIME, LCBO, and within proximity to SHOPPERS DRUG MART, METRO, TRENTON MARINA, and the TRENT RIVER * The location ensures STEADY FOOT TRAFFIC from both locals and visitors, making it PERFECTLY SUITED FOR MIXED-USE DEVELOPMENT and offering DUAL INCOME STREAMS from commercial and residential spaces * Don't miss this extraordinary opportunity to build something remarkable in the heart of Downtown Trenton! Corner Of Murphy And Middle Street. The majority of the lot is paved and has parking for 40 vehicles. * City Water & Sewer Connections In Place * Bus Stop ID: 008 at Middle & Murphy is right next to the property line. * An incredible and rare corner development opportunity awaits in Downtown Trenton!
