Lot 51 Wellington Street, Newbury, ON N0L 1Z0 – Newbury – $249,000

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Description

Located in the village of Newbury, near the corner of Wellington Rd and Wellington St, this 1.8 acre property has a frontage of 729 Ft ( 222.2M ) along Wellington St. Currently Zoned R-1 Residential. The Village is in the process of upgrading their Official Plan and Zoning Bylaw that will allow other uses on the property. The owner has suggested a commercial zoning to allow self storage consisting of five buildings totaling 21,500 sq ft, although no submission has been made to the Village for this proposal. All services are available on Wellington Street. The Village does not have development levy charges. Village amenities include the Four Counties Middlesex Hospital and and the areas largest Home Hardware store. The adjacent 1.0 acre lot fronting on Hagerty Road, is also available and is zoned C-1 Commercial. Property taxes are for both properties. See MLS #X12341530. Plan of survey, proposed site plan and zoning details are available upon request.

Property Details

• Property Type: Commercial
• List Price: $249,000
• Tax Year: 2025
• Annual Taxes: $4,092