Power of Sale land opportunity consisting of approximately 2.1 acres of serviced commercial-industrial land with an approximately 10,000 sq. ft. industrial shed remaining. Following fires in 2024 and 2026, the Municipality took control of the demolition and site-cleanup process. The former approxima...tely 55,000 sq. ft. main building has been demolished, and the property is now being marketed primarily for its land and redevelopment value.The property carries a Service Employment designation supporting potential uses such as warehousing, light industrial, manufacturing, cold storage, service commercial, recreational and certain retail-related employment uses, subject to municipal approvals. Convenient access to Highway 401.Through the Port Hope Area Initiative Project, the Municipality has committed $156,575 toward the required site works, which will be assigned to the new owner. The new owner will receive the funds in accordance with the project agreement, with payments tied to the commencement and completion of the applicable works. Supporting municipal agreements and documentation are available for review.The Vendor advises that all outstanding municipal charges, fines or related amounts levied against the property taxes will be cleared by the Vendor from the sale proceeds and will not be assumed by the purchaser.Offered on an "as is, where is" basis. Vendor's Schedule A must accompany all offers. Vendor financing is available, subject to acceptable terms and purchaser qualification. Purchasers must complete their own due diligence regarding zoning, servicing, environmental matters, redevelopment potential, the municipal payment, the remaining structure and heritage status. Vendor is motivated and open to reasonable offers.
Full Property Details
General
Business Type
-
Industrial Area
10000.00 Sq Ft
Total Area
2.10 Acres
Sprinklers
Yes
Drive-In Level Shipping Doors
0
Double Man Shipping Doors
0
Grade Level Shipping Doors
0
Truck Level Shipping Doors
2
Business Type
-
Industrial Area
10000.00 Sq Ft
Total Area
2.10 Acres
Sprinklers
Yes
Drive-In Level Shipping Doors
0
Double Man Shipping Doors
0
Grade Level Shipping Doors
0
Truck Level Shipping Doors
2
Interior
Washrooms
0
Heating Fuel
Other
Air Conditioning
No
Washrooms
0
Heating Fuel
Other
Air Conditioning
No
Exterior
Depth
565.0
Front
114.0
Lot Size
114 x 565.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
Emp 2 - Service Employment
Depth
565.0
Front
114.0
Lot Size
114 x 565.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
Emp 2 - Service Employment
Building Description
Home Type
Commercial
Subtype
Land
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Land
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Community
Community
Port Hope
Community
Port Hope
Taxes & Fees
Taxes
$24,852.90 /yr
Tax Year
2025
Occupancy
Vacant
Taxes
$24,852.90 /yr
Tax Year
2025
Occupancy
Vacant
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