8687 Highway 511, Lanark Highlands - Business for Sale
8687 Highway 511, Lanark Highlands, Ontario, K0G1K0
This business in Lanark Highlands is for sale offering roughly 6,400 sq ft of space. It has been on the market 73 days, fresher than the Lanark Highlands average of 105 days.
Description
Fully operational newer sawmill located in the heart of the milling district in Lanark Highlands. Established in 2002 with addition added in 2007, this exceptional turnkey business is well-maintained with 6,400 sq ft footprint on 20 acres along major highway for easy access. The property offers ample space for future expansion and is perfectly positioned for logistical efficiency. The sale includes all necessary equipment and infrastructure to step in and continue operations, providing a profitable turnkey business opportunity. Currently operating Monday through Thursday. Located in a prime industrial zone, the business benefits from quick access to key transportation routes and proximity to local suppliers and buyers. With room for growth and potential for diversification, this sawmill presents a rare opportunity to invest in a stable, well-respected business in the region. Zoning is Rural, Mineral Aggregate Resource. Approx 10 mins to Lanark; 40 mins Perth or 50 mins Ottawa (id:66096)
Property Details
- MLS®
- X13704426
- Property Type
- Business
- Zoning
- RU+MAR-h
- Interior Size
- 6,400 ft²
- Lot Size
- 20 acres
- Frontage
- 947 ft
- Heating
- Other
- Cooling
- None
- Garage
- Other
- Property Tax
- $5,052.59/yr
- Listed
- 73 days ago
Services
- Water
- Drilled Well
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 73 days on market, against an average age of 105 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Lanark Highlands has been listed for 73 days, which is 32 days fresher than the city average of 105. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0G)
This home lists at $4,500,000, about 47.9× the local median household income of $94,000.
Carrying it typically needs a household income of about $879,008 (20% down, 25-yr amortization, stress-tested) — roughly 835% above the area median.
- Median household income
- $94,000
- Population
- 39,862
- Median age
- 50.4
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0G)
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$4,500,000
Lanark Highlands