28
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$5,799,900
Est. payment /mo
1,002 SqFt
Active
6737 HIGHWAY 20 Smithville, ON L0R2A0
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1002
Square Footage 1,002 sqft
Price per Sqft $5,788
Subdivision 057 - Smithville
MLS® Listing ID 40771073
Year Built 2003
Lot Size 10.134 Acres
Acres 10.134
Property Sub-Type Freehold
Property Description
10-acre property inside the urban boundary, marked as commercial on the city block plan. The site includes a bungalow with 3 bedrooms, 2 bathrooms, a walkout basement, and kitchens on both levels. The home also features hardwood floors, a garage, and a carport. A 2,500 sq. ft. shop with a furnace provides heated workspace or storage. A cell tower lease is in place, starting June 1, 2023, for a five-year term with three additional five-year renewal options. Rent begins at $12,000 per year and increases with each extension. The property owner has the option to cancel the lease at each renewal, providing flexibility for future development while maintaining income until that time. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 1
Sewer Septic System
Others
Ownership Freehold
Virtual Tour https://youriguide.com/6737_road_20_smithville_on
Listed by Re/Max Twin City Realty Inc.
NEARBY SCHOOL & BUSINESS
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