1526 County Road 2, Otonabee-South Monaghan - Business for Sale
1526 County Road 2, Otonabee-South Monaghan, Ontario, K0L1B0
This business in Otonabee-South Monaghan is for sale. It has been on the market 94 days, fresher than the Otonabee-South Monaghan average of 98 days.
Description
Exceptional Commercial Opportunity 273 Acres with Multi-Use Zoning. Rare offering! This 273-acre property combines agricultural and industrial zoning, presenting endless opportunities for expansion and revenue generation. Currently operating as a profitable and approved auto/vehicle recycling facility, this turnkey business comes with strong financials and the potential to grow or diversify into additional commercial ventures. The property features a 2,124 sq. ft. heated commercial building (built in 2020) with 100-amp service, plus a 3,650 sq. ft. barn for storage or future operations. The extensive land base, with portions fronting the Otonabee River, allows for a wide range of permitted uses including salvage yard operations, agriculture and farm-related businesses, on-farm diversified uses, commercial kennels, livestock sales, riding or boarding stables, forestry and conservation-related activities, and private or public parks. Whether you continue to operate the existing recycling business or explore new ventures like an agri-business, outdoor recreation facility, or riverfront tourism enterprise, the scale and versatility of this property are unmatched. A well-appointed residence is also included, offering comfortable on-site living or rental potential for additional income. Vendor Take-Back Mortgage available for qualified buyers - an excellent opportunity to invest in a multi-faceted commercial property with significant upside. (id:66096)
Property Details
- MLS®
- X13635730
- Property Type
- Business
- Zoning
- MD-8, A, EP
- Lot Size
- 273 acres
- Frontage
- 1,600 ft
- Heating
- Other
- Cooling
- None
- Garage
- Other
- Property Tax
- $15,115.38/yr
- Listed
- 94 days ago
Features
- Appliances
- Washer, Dishwasher, Dryer, Microwave
- Lot Features
- Irregular lot size
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 94 days on market, against an average age of 98 days across the listings currently for sale in this city
This business in Otonabee-South Monaghan has been listed for 94 days, which is 4 days fresher than the city average of 98. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0L)
This home lists at $3,850,000, about 48.7× the local median household income of $79,000.
Carrying it typically needs a household income of about $752,040 (20% down, 25-yr amortization, stress-tested) — roughly 852% above the area median.
- Median household income
- $79,000
- Population
- 78,142
- Median age
- 54
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K0L)
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$3,850,000
Otonabee-South Monaghan