$6,900,000
( $1916.67Per Sq Foot )
 $37,041 forsale estimated payment Sourced by Back At You

8870 County 93 Road , Midland, ON L4R4K4

Midland, ON L4R4K4

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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. (id:13843)

Details

Mls40397144
Listing TypeFor Sale
StatusActive
Days On Site488
Listing Provided BySotheby's International Realty Canada, Brokerage (Collingwood) | Bryan Coxworth

Features

Sq Feet3,600
Storys2
ZoningRU-11, EP
Acreage115.78
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Listings Checked: 16 seconds ago
StateON
CityMidland
Zip CodeL4R4K4
Community NameMD02 West of King Street
Listing VS Median (in MD02 West of King Street)
Price:
$6,900,000
low | high
Med:
$3,000
100% of Average
SqFt:
3,600
low | high
Med:
1,500
100% of Average
$ / SqFt:
$1,917
low | high
Med:
$2
100% of Average
On Site:
488
low | high
Med:
118.000000
100% of Average
Sourced by Back At You
Listing Updated: September 9, 2024 at 6:25:13 PM PDT