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$ 6,900,000
Est. payment | /mo
1 Bath
2,510 SqFt
$ 6,900,000
Est. payment | /mo
1 Bath
2,510 SqFt
Key Details
Property Type Commercial
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Square Footage 2,510 sqft
Price per Sqft $2,749
MLS Listing ID S10439560
Annual Tax Amount $7,855
Tax Year 2023
Property Description
Introducing an unparalleled investment opportunity within the town of Midland, Ontario, strategically positioned with direct access from Hwy 93. This expansive 115+ acre parcel boasts prime visibility and seamless connectivity to major transportation arteries, making it an irresistible prospect for astute developers seeking a foothold in a strategic growth area. Presently zoned rural with an exception permitting machine shop operations across the entire property. By-Laws allow for up to 35% lot coverage, unlocking vast expansion prospects such as a sprawling fabrication hub. At the core of the property lies a fully operational machine shop, celebrated for its precision CNC machining, milling, welding, and fabrication capabilities. Boasting a 3600 sq. ft. workshop, complete with a 16 ft door facilitating ground level access for large-scale equipment and machinery. Essential amenities including bathrooms, two expansive offices, and a dedicated lunchroom ensure optimal operational efficiency. Additionally, a modernized 3-bedroom residence spanning 2,500 sq. ft. affords the unique opportunity for onsite living and working. The property's potential is further accentuated by a 66-foot unopened laneway at the rear, poised to enable future access from Marshall Road, paving the way for additional development prospects. With a strategic zoning adjustment, the site could seamlessly transition into a lucrative residential subdivision, further enhancing its investment appeal. Conveniently situated mere minutes from key amenities, including Georgian Bay and Huronia Regional Airport, and offering swift access to Hwy 400, Barrie, the GTA, Toronto International Airport, and the US Border. The seller is open to facilitating the transaction through a Seller Take Back Mortgage, subject to mutually agreeable terms and buyer credit worthiness approval. Don't miss your chance to capitalize on this prime investment prospect in one of Ontario's most promising growth corridors.
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Region Midland
City Region Midland
Rooms
Kitchen 2
Interior
Cooling No
Exterior
Garage Spaces 16.0
Utilities Available Unknown
Building
Lot Description Irregular Lot
New Construction false
Others
Security Features No
Listed by Sotheby's International Realty Canada, Brokerage (Collingwood)
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7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN