203 RUSSELL Street, Centre Hastings, ON K0K 2K0
$700,000
$700,000
MLS®#:
X12984202
Property Type:
Commercial Retail
Property Style:
Area:
Hastings
Community:
Centre Hastings
Taxes:
$10,401.62 / 2026
Added:
April 10 2026
Lot Frontage:
237.6
Lot Depth:
125.4
Status:
Active
Outside:
Year Built:
Brokerage:
EKORT REALTY LTD.
Lot :

125

237

BIG LOT

Lot Irregularities:
252.22 ft x 204.43 ft x 8.76
Intersection:
Hwy 7 & Russell
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
None
Cooling:
Yes
Heating Type:
Other
Heating Fuel:

Listing Details

Prime Commercial Opportunity with Redevelopment Potential - 203 Russell Street N, Madoc. Positioned on a high-exposure corner in the heart of Madoc, this nearly 1-acre commercial property offers exceptional visibility and versatility for investors, owner-operators, and developers alike. The site features approximately 0.96 acres with strong frontage and access along Russell Street (Hwy 62), benefiting from consistent traffic flow and excellent exposure-ideal for a wide range of commercial uses. Currently improved with a commercial building previously used for food service, the property provides a functional footprint for those looking to renovate, reposition, or repurpose the existing structure. Zoned C1 (Commercial), the property allows for a broad spectrum of permitted uses, making it equally attractive as a turnkey location or a strategic long-term investment. Where this property truly stands out is its redevelopment potential. With its generous lot size, corner positioning, and strong exposure, the site presents a compelling opportunity for future intensification-whether through a new commercial concept, mixed-use development, or a modern reimagining of the existing improvements. Located within a growing regional community and surrounded by established residential neighborhoods, this is a rare chance to secure a high-profile site with both immediate utility and long-term upside.

Insights

  1. Prime Location: This property is situated on a high-exposure corner in the heart of Madoc, ensuring exceptional visibility and consistent traffic flow, making it ideal for various commercial uses.
  2. Redevelopment Potential: With nearly 1 acre of land and zoning that allows for a broad spectrum of uses, the property offers significant opportunities for renovation, repositioning, or new development.
  3. Long-Term Investment Upside: Located within a growing community and surrounded by residential neighborhoods, this property presents a compelling opportunity for future intensification and strategic long-term investment.

Neighborhood Overview

Complete neighborhood profile for 203 RUSSELL Street

Centre Hastings home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Centre Hastings
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)