20.6 ac
$6,900,000
20.6 acres designated ""Employment Lands"" in the Region of Durham 2023 Official Plan. 1,273 feet frontage on Highway 401. Located immediately west of Highway 35/115 Interchange provides easy access to Hwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplexed) and outbuildings (see photos). MPAC Assessment ""Code 221 - Farm with residence - with commercial/industrial operation"". Seller projects $183k net income in 2024 from multiple revenue streams: a) long term lease with communication tower company, b) well established recreational vehicle storage business (since 1996 - see aerial views), c) municipal certified legal non-conforming residential duplex (farmhouse), d) 12 KVW Micro Fit Producer. See projected 2024 revenue/expense report in attachments (Schedule B). Buyer responsible for completing own due diligence. See MLS Listing for additional files. (id:27910)
Property Details
MLS® Number
|
E8199738 |
Property Type
|
Vacant Land |
Community Name
|
Rural Clarington |
Amenities Near By
|
Highway, Public Transit |
Farm Type
|
Other |
Building
Land
Acreage
|
No |
Land Amenities
|
Highway, Public Transit |
Size Irregular
|
860.0 ; Yes |
Size Total Text
|
860.0 ; Yes |