$495,000
For sale: Vacant Land

An outstanding development and investment opportunity in the heart of Port Hopes growing Business Park. Welcome to 408 Croft Street East, a strategically located EMP2-zoned vacant industrial lot offering a rare blend of accessibility, exposure, and flexibility. Spanning approximately 0.75 acres, this parcel provides ample room for a wide range of commercial orlight industrial uses. The EMP2 zoning allows for numerous permitted applications, includingwarehousing, manufacturing, retail, professional offices, and mixed-use developments, ideal for businesses looking to establish or expand in one of Northumberland Countys most progressive business districts. Situated just minutes from Highway 401, this site offers exceptional transportation access for commuting, shipping, and customer traffic, while being only a six-minute drive from downtown Port Hope. The propertys convenient location ensures close proximity to local amenities, industrial suppliers, and commercial services, making it a practical and strategic choice for future development. The surrounding area features a peaceful, meadow-like setting, offering a unique balance between natural surroundings and business functionality. This setting provides excellent potential to design a workspace or commercial site that harmonizes with Port Hopes scenic landscape while maintaining strong business visibility and access. Positioned within an established and expanding employment corridor, this property represents a prime opportunity for investors, developers, or owner users seeking to capitalize on the areas continued growth. Property is being sold As-Is, Where-Is, with no representations or warranties by the Seller or Brokerage. Buyers are encouraged to conduct their own due diligence, including a review of the Municipality of Port Hopes comprehensive list of permitted uses under EMP2 zoning.
Sold data
Homes in Port Hope took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 49, across 77 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.
The median sale price was $665,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 77 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Port Hope has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 4.7/10.
School ratings from the Fraser Institute's Ontario school report cards.
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