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$700,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Centre Hastings
MLS Listing ID X12984202
Annual Tax Amount $1
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
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
Province ON
County Hastings
Area Hastings
Zoning C1
Rooms
Kitchen 0
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 237.6
Lot Depth 125.4
Building
New Construction false
Others
Security Features No
ParcelsYN No
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Listed by EKORT REALTY LTD.
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