$2,990,000

About this property

Sale of "Prime Arterial Commercial C6 corner lot - 4.9 acres with dual road access on Pinewood Park Drive (Highway 11) and Decaire Road. Severance approved by the City of North Bay Committee of Adjustment. Urban Service Boundary extended and rezoned C6 by City of North Bay - permitted uses: hotel, restaurant, gas bar, financial institution, retail, automotive, recreational facility, day nursery, transit terminal and more. Located directly opposite Cascades Casino North Bay ($41M, Gateway Casinos & OLG) on North Bay's highest-growth commercial corridor - backed by over $500M in confirmed area investment including a $63M Recreation & Community Centre, $5.9M FIFA-sized soccer fields, $100M+ Ontario Northland rail investment. Pinewood Park Drive is undergoing a 5-lane urbanisation - Environmental Assessment complete, funding underway. 15 new industrial and tourism-commercial lots have been approved at 351 Birchs Road, further anchoring West Ferris as North Bay's primary growth and development zone.Surrounded by established national and regional operators including Cascades Casino, Ramada Hotel & Conference Centre, Tim Hortons, Burger King, Petro-Canada, Pinewood Park Golf Course, and Callander's Osprey Golf Course - confirming this corridor as a proven, high-traffic commercial destination with existing consumer demand and year-round activity across gaming, dining, hospitality and recreation."400mm water main and 675mm sanitary sewer confirmed in the Pinewood Park Drive right-of-way by City Engineering - full urban servicing capacity available for connection.

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