State-of-the-art, commercial units in a brand-new mixed-use complex in the centre of Lake Country. Only two commercial units available, Unit 103 offers approx. 2,590 SF at the northeast corner of the building and Unit 104 offers approx. 1,954 SF at the southeast corner, both are open retail/office units in shell state. Large windows and glass doors facing Main Street. Property is zoned C1– Mixed Use Commercial, allowing for a wide variety of uses. The building will be a 6-storey mixed-use building with commercial space on the main/street level with 5 stories of residential above. Parking will be to the back of the building, with abundant street parking in the area. The property is located in the heart of Lake Country, in the well-established Town Centre commercial area.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.