300 Marmora ST new

Quinte West,ON K8V 2J5

$ 14000000

- Bed

- Bath

94 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 94 sqft

Price per Sqft $148,936

Subdivision Trenton Ward

MLS Listing ID X12104832

Annual Tax Amount $349,424

Tax Year 2024

Property Sub-Type Industrial

Property Description

This 94-acre site is located less than 4 km from Highway 401 and is on the banks of the Trent River. The site was previously used as a pulp and paper mill since the early 1900s. The existing buildings have been decommissioned and have now been scheduled for demolition throughout 2025. Approximately 60 acres of the site will be usable after demolition and remediation of the lagoons (to be back-filled). The remaining 34 acres is an active, non-hazardous dump site with available capacity for onsite disposal of materials used in production or site remediation. The site offers a direct rail spur to the CP main rail line, and the current 15.5 Megawatts of power servicing the site will remain available for the next user. Zoned GM, permitted uses include warehousing, general industrial use, bulk fuel depot, and transportation terminals. Subject to final demolition square footage, a Development Charge credit of up to $4.5 Million would be available for future site development. The size and shape of the site will allow for a phased redevelopment with a range of options for site configuration. The property represents a rare opportunity to acquire a site of this scale in a location with proximity to major markets.

Location

Province ON

County Hastings

Community Trenton Ward

Area Hastings

Zoning GM

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 1.0

Lot Depth 1.0

Others

Security Features Yes

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