PT LT 147 CON A LOUNT RYE Road, South River | Image 1

PT LT 147 CON A LOUNT RYE Road

South River

  • Commercial

$2,850,000
For Sale

Added 5 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Gravel Pit/Quarry

  • Zoning: Industrial

  • Age: No Data

  • Taxes: 517.86

  • MLS®#: X8391432

  • Days on Site: 27 Days

  • Added: May 28, 2024 (5 months ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: CENTURY 21 B.J. ROTH REALTY LTD.

Investment opportunity, Granite Quarry in South River. Complete with Class A license (to operate both Pit and Quarry). As per the license details, "the maximum annual tonnage for this site is unlimited". Therefore income potential is also unlimited. Conservative calculations, of per ton value X available granite on the property, the revenue potential in the 100s of millions. Nestled in the picturesque unorganized township, lies this substantial financial investment, add to your portfolio Or begin your dream! The region's rich geological history, known as the Canadian Shield provides the region with an abundance of this multi-coloured, high-quality granite. The quarry itself spans 61 acres, offering ample space to expanding extraction. Many years from now, when the granite is exhausted from the 61 acres, the property could be easily converted to another use. Granite is highly sought-after material in construction, architecture, and landscaping due to its durability, versatility, and aesthetic appeal. Seller will consider a VTB, (OAC with substantial cash down payment). Please be sure to have your Agent check the documents attached to this Listing. For ease of research, this specific property located on Rye Road, South River, reference PIN 520520411.

Extras

Driveway access will be legal ROW to the quarry

Property

  • Status: Sale

  • Type: Gravel Pit/Quarry

  • Property Type: Land

  • Property Type: Designated

  • Area: South River

  • Availability Date: TBD

Utilities

  • Utilities: No

Building

  • Water Supply: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 20337 SEC NS FIRSTLY; PT LT 147 CON A LOUNT PT 2 42R16927; S

  • Taxes: $518

  • Taxes Type: Annual

Land

  • Cross Street: 522 E Drive/Rye Road

  • Municipality District: South River

  • Sewer: None

  • Lot Depth: 1598.79 Acres

  • Lot Frontage: 669.08 Acres

  • Zoning: Industrial

Commercial Specific

  • Total Area: 61.35

  • Total Area Metric: Acres

  • Area Influence: Major Highway

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

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