For sale 48$649,900
203 Russell Street
Centre Hastings, Ontario K0K2K0
For sale· Added
About this property
Prime Commercial Opportunity with Redevelopment Potential - 203 Russell Street N, Madoc. Positioned on a high-exposure corner in the heart of Madoc, this nearly 1-acre commercial property offers exceptional visibility and versatility for investors, owner-operators, and developers alike. The site features approximately 0.96 acres with strong frontage and access along Russell Street (Hwy 62), benefiting from consistent traffic flow and excellent exposure-ideal for a wide range of commercial uses. Currently improved with a commercial building previously used for food service, the property provides a functional footprint for those looking to renovate, reposition, or repurpose the existing structure. Zoned C1 (Commercial), the property allows for a broad spectrum of permitted uses, making it equally attractive as a turnkey location or a strategic long-term investment. Where this property truly stands out is its redevelopment potential. With its generous lot size, corner positioning, and strong exposure, the site presents a compelling opportunity for future intensification-whether through a new commercial concept, mixed-use development, or a modern reimagining of the existing improvements. Located within a growing regional community and surrounded by established residential neighborhoods, this is a rare chance to secure a high-profile site with both immediate utility and long-term upside.
Location
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Property details
Listing
- MLS® number
- X12984202
- Added
- Apr 10, 2026 ()
- Updated
- Jul 23, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Other
- Cooling
- Fully air conditioned
- Fireplace
- No
Building
- Parking
- Other
Land
- Lot size
- Bldg=237.6 x 125.4 Acre
- Lot notes
- 252.22 ft x 204.43 ft x 8.76
- Zoning
- C1
Location
- Cross streets
- Hwy 7 & Russell
- Directions
- Highway 62 to Russell.
Running costs
- Annual property tax
- $10,402
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