$2194.44 Per Sq Foot $42,409 est/mo Sourced by Back At You

8870 County 93 Road,Midland, ON L4R 4K4

Midland ON, L4R 4K4

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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.

Details

MLS#40397144
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site344
Listing Provided BySotheby's International Realty Canada, Brokerage (Collingwood) | Bryan Coxworth

Features

SQ Feet3,600
Story(s)2
ZoningRU-11, EP
Acreage115.78
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionSimcoe County
CityMidland
Postal CodeL4R 4K4
AreaMD Midland
SubareaMD02 West of King Street
Community NameMD02 West of King Street
Listing VS Median (in MD02 West of King Street)
Price:
$7,900,000
low | high
Med:
$592,000
100% of Average
SqFt:
3,600
low | high
Med:
1,269
100% of Average
$ / SqFt:
$2,194
low | high
Med:
$475
100% of Average
On Site:
344
low | high
Med:
307.5
100% of Average
Sourced by Back At You
Listing Updated: June 1, 2024 at 8:26:36 PM PDT