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Elizabeth Pullman

[email protected] +1(905) 329-0460

Listed by Bryan Coxworth • Sotheby's International Realty Canada, Brokerage (Collingwood)

$ 6,900,000

Est. payment -/mo

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Active

8870 County 93 Road Midland, ON L4R 4K4

3,600 SqFt

UPDATED:

11/19/2024 05:43 AM

Key Details

Property Type Commercial

Sub Type Industrial,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $1,916

MLS Listing ID 40397144

Abv Grd Liv Area 3,600

Originating Board The Lakelands

Annual Tax Amount $7,855

Lot Size 115.782 Acres

Acres 115.782

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 County

Area Md - Midland

Zoning RU-11, EP

Direction Highway 12 to County Rd 93, north to 8870 on west side of road

Rooms

Basement None

Kitchen 0

Interior

Interior Features High Speed Internet, Auto Garage Door Remote(s), Florescent Lights, Lockers, Lunch Room, Public Washrooms, Storage

Heating Gas Hot Water, Radiant Floor

Cooling None

Flooring Concrete

Fireplace No

Appliance Water Heater Owned, Water Softener

Laundry None

Exterior

Exterior Feature Grade Loading

Parking Features Unassigned

Pool None

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Phone Connected, Available

Lot Frontage 382.29

Garage No

Building

Lot Description Rural, Irregular Lot, Airport, Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Marina, Public Transit, Schools

Faces Highway 12 to County Rd 93, north to 8870 on west side of road

Story 2

Foundation Poured Concrete

Sewer Septic Tank

Water Well

Structure Type Metal/Steel Siding,Steel Siding

New Construction No

Others

Senior Community No

Tax ID 583970080

Ownership Freehold/None

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

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