8870 Ontario 93, Midland | Image 1

8870 Ontario 93

Midland, Midland

  • Commercial

$6,900,000
For Sale

Added 1 year ago

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  • Type: Farm

  • Property Type: Commercial

  • Zoning: RU-11, EP

  • Age: No Data

  • Taxes: 7855.87

  • MLS®#: S10439560

  • Days on Site: 499 Days

  • Added: Aug 09, 2023 (1 year ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: Sotheby's International Realty Canada, Brokerage (Collingwood)

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.

Property

  • Status: Sale

  • Property Type: Farm

  • Area: Midland

  • Community: Midland

  • Availability Date: Flexible

  • Assessment Amount: $781,000

  • Assessment Year: 2023

Inside

  • Bathrooms: 1

  • Air Conditioning: N

  • Washrooms: 1

Building

  • Basement: Y

  • Heat Type: Radiant

  • Water Supply Type: Drilled Well

  • Outside Storage: Y

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 16

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT N1/2 LT 102 CON 1 WPR TINY; PT S1/2 LT 102 CON 1 WPR TINY AS

  • Taxes: $7,856

  • Taxes Type: Annual

Land

  • Cross Street: Highway 12 to County

  • Municipality District: Midland

  • Parcel Number: 583970080

  • Sewer: Septic

  • Lot Frontage: 382.29 Feet

  • Zoning: RU-11, EP

Additional Media

  • Virtual Tour: https://my.matterport.com/show/?m=A6tcq3ufrXZ&brand=0

Commercial Specific

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2510

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Financial Statement: N

  • LLBO: N

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JK-8

Sacred Heart School

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Monsignor Castex Separate School

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Stayner Collegiate Institute

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For Sale
1 year ago
$6,900,000
  • 2 bath
  • 0 bed

8870 County 93 Road, Midland, Ontario • L4R 4K4 • Midland

For Sale
1 year ago
$6,900,000
  • 1 bath
  • 0 bed

8870 County 93 Road, Midland, Ontario • L4R 4K4 • Midland