16 Spencer Street South Bruce Peninsula, Ontario N0H 1P0
$750,000
Exceptional redevelopment and investment opportunity with prominent Highway 6 exposure in Hepworth, within the Town of South Bruce Peninsula. Strategically located commercial property offering existing utility together with significant future redevelopment potential. The property was historically operated as a gas station, with the former underground tanks reportedly removed decades ago. An existing garage building remains on the property and may continue to be utilized while a purchaser pursues future redevelopment and the required approvals. Preliminary planning and redevelopment work has been undertaken for a proposed commercial redevelopment, including concepts for a new gas station and convenience retail use. The property has also been the subject of pre-consultation with the Town of South Bruce Peninsula and the Ministry of Transportation, providing valuable information regarding requirements and considerations for future development. An excellent opportunity for investors, developers, fuel retailers, convenience-store operators, automotive businesses or purchasers seeking a highly visible commercial property with long-term upside. Continue utilizing the existing building while advancing redevelopment plans, providing flexibility and the potential to phase investment. Purchaser to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential and all required approvals. Preliminary concepts and pre-consultation information may be available to qualified purchasers.Vendor Take-Back (VTB) financing may be available to qualified purchasers, subject to acceptable terms and conditions.Rare opportunity to acquire a strategically located property with an existing usable building, Highway 6 exposure and significant redevelopment potential. (id:63616)
Business
| Business Type | Automobile |
| Business Sub Type | Automotive |
Property Details
| MLS® Number | X13735552 |
| Property Type | Retail |
| Community Name | South Bruce Peninsula |
| Amenities Near By | Highway |
Building
| Bathroom Total | 1 |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Baseboard Heaters, No Heat |
| Size Interior | 19,687 Ft2 |
Land
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 196 Ft ,11 In |
| Size Frontage | 53 Ft |
| Size Irregular | 53 X 196.98 Ft |
| Size Total Text | 53 X 196.98 Ft |
| Zoning Description | C1a |
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September 02 2026 02:36:04
Toronto Regional Real Estate Board
Homelife Superstars Real Estate Limited