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121 Cavan Street
$1 Sale
Listed 20 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 121 Cavan Street
Key Facts
Key facts for 121 Cavan Street
Property Type
Commercial
Parking
Outside/Surface
MLS #
X12358708
Size
-
Basement
-
Listed on
2025-08-18
Lot size
565 x 114.0
Tax
$24,852.90 /yr
Days on Market
5
Approximate Age
-
Maintenance Fee
-
Description
Exceptional redevelopment or adaptive reuse opportunity in historic Port Hope. The property is designated Service Employment, permitting a wide range of uses including warehousing, light industrial, manufacturing, cold storage, service commercial, recreational, and retail-related employment uses. Th...e Municipality has expressed support for redevelopment of the site and may consider proposals that include residential components, subject to approvals. Existing building of approx. 52,000 sq. ft. requires substantial work and may be suitable for renovation or redevelopment. Conceptual plans envision cold storage, retail, food & beverage, and recreational uses, supported by ample parking and potential connections to nearby parkland and riverfront amenities. Brownfield Tax Incentives may be available. Strategic location with excellent access to Hwy 401, offering flexibility for investors, developers, or end-users.
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Courtesy of: MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.