$1,495,000

Prime Mixed-Use Development Opportunity in Princeton Positioned to become a landmark in the heart of Princeton, this exceptional property is being prepared for a 27-suite residential building mix of 1 and 2 bedroom suites with main floor commercial space, designated parking and convenient location. design permit is expected shortly which can significantly reduces timelines and allows a developer to move forward with confidence. Princeton is experiencing a critical shortage of housing, with extremely low vacancy rates in both long-term and short-term rentals. Strong demand is driven by major industry players in the region, creating consistent need for employee housing, along with growing demand from the broader community. This property presents a rare opportunity to deliver a signature mixed-use building that combines residential density with valuable commercial frontage—ideal for retail, office, or service-based tenants. The seller is open to building and consulting services if required. With approvals nearing, strong rental demand, and limited competing inventory, this is a chance to develop a trademark building in a market primed for growth and long-term returns. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10383623
  Property Type	Vacant Land
  Neigbourhood	Princeton

• Building

  Type	Other
  Utility Water	Municipal Water

• Land

  Acreage	No
  Sewer	Municipal Sewage System
  Size Irregular	0.2
  Size Total	0.2 Ac|under 1 Acre
  Size Total Text	0.2 Ac|under 1 Acre

• Utilities

  Electricity	Available
  Telephone	At Lot Line
  Sewer	Available
  Water	Available