Mallette Goring

 
Commercial Listing
Featured For Sale
7 months ago
262
MLS#
2113269
TAX / CAM
$25,777.91 (2023)
Zoning
H53.R3-1(33)

Listing Brokerage
Mallette-Goring Inc.
Status
Active
Commercial Property Type(s)
Commercial Investment, Multi-Unit Residential, Retail Space
Attention Developers: Sudbury's iconic "Northern Breweries" building is now for sale! The existing structure features a main level footprint of approx. 33,700sqft and total area of +/- 60,000 sq.ft (to be verified by purchaser) and has been a landmark in Sudbury for over a century. It has since been reimagined as "The Brewer Lofts", the largest adaptive reuse project north of the GTA. The project at 185-227 Lorne & 0 Victoria contemplates a mixed use residential/commercial development with 50 residential apartments/condos and approx. 20,000 sq.ft of commercial/light industrial space, with a broad range of permitted uses and a variety of special site-specific allowances. The Site represents approx. 2.1 acres, including a by-law approved option to purchase a portion of Alder Street from the City of Greater Sudbury. The property is exempt from Development Charges (DCs), has been approved for a Tax Increment Equivalent Grant (CIP Program) worth up to $4.1M and has access to other grants in the City's Community Improvement Plans & Incentive Programs. Interested buyers who have signed a Confidentiality Agreement and reviewed the Due Diligence materials may arrange for a site visit.

Click here for Development Brochure

Click here to sign the Confidentiality Agreement

Location
LOCATION INFO:
Geographic Area
West End
Lot Size
579.99 ft X 214.53 ft
Property Known As
The Brewer Lofts / Northern Breweries
Video Tour

Building Specs
Elevator Access
Wheelchair Accessible
Security System
Furnished
Municipal Water
Municipal Sewer
Building Age
Electrical Service
Heating Type
Foundation Type
Roof Type

Loading Info
Overhead Crane Type
Loading Door Type
Door Height
Ceiling Height


Financial Projections
Chris Tammi

Broker of Record

Mallete-Goring Inc.

705******* 705.822.6123