185-227 Lorne Street
Greater Sudbury, Ontario P3C4P6

Attention Developers! This structure features a main level footprint of approx. 33,700 sq. ft and total area of +/- 60,000 sq. ft (to be verified by purchaser). The property has the potential for a mixed use residential/commercial development with residential apartments/condos and approx. 20,000 sq.ft of commercial/light industrial space, with a broad range of permitted uses and a variety of special site-specific allowances. The Site represents approx. 1.6 acres, plus the potential to acquire an additional approx 0.5 acres via a by-law approved option to purchase a portion of Alder Street from the City of Greater Sudbury. The property is exempt from Development Charges (DCs), and eligible for a Tax Increment Equivalent Grant and other incentives through the City's Strategic Core Areas Community Improvement Plans. Note: this property is being sold under Power of Sale and there will be no access to the property for showings. Buyer to purchase on an ""as is where is"" basis. Seller to provide ""Schedule B"" to be included in Agreement of Purchase & Sale. (29860533)