For Sale

8870 County 93 Road, Midland, Ontario L4R4K4

$6,900,000

8870 County 93 Road, Midland, Ontario L4R4K4 is For Sale and has a listing price of 6,900,000. The property is located in the Midland neighbourhood. It's been on the website for 124 Days.

  • Industrial
    Property Type
  • 2
    Bathrooms
  • 16
    Parking Spaces
  • MLS ID: S6728288
  • Office Name SOTHEBY'S INTERNATIONAL REALTY CANADA,SOTHEBY'S IN
Property Description

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. **** EXTRAS **** The Property zoned RU-11 allows all uses under the rural zoning and a machine shop over the entire property except EP (approx. 8 acres). 35% Lot Coverage. 66-foot unopened laneway to Marshall Road allowing for future access to the property. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: S6728288
  • Bathrooms: 2
  • Price: $6,900,000
  • Transaction Types: For Sale
  • Ref ID: 25925251
  • Year Built: N/A
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
08/09/2023 S7370676 $10,500,000 For Sale - -
08/09/2023 S6728296 $10,500,000 For Sale - -
08/09/2023 S6728288 $10,500,000 For Sale - -
08/09/2023 S6728276 $10,500,000 For Sale - -
08/09/2023 40397141 $6,900,000 For Sale - -
08/09/2023 40397142 $6,900,000 For Sale - -
08/09/2023 40397144 $6,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $848,233 Average List Price
    based on 1 year
  • 52 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 104.39 % Up
  • Sold (12mo) 173
  • Rented (12mo) 31

  • 1 Month Change -16.3%
  • 3 Month Change -22.3%
  • 6 Month Change -47.8%
Walkscore
Property Type Distribution
  • All Houses
    73.18%
  • Commercial
    20.02%
  • Condo
    4.88%
  • Land for Sale
    1.93%
Additional Details
  • Heating System Radiant Heat
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 16
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 09/08/2023 00:00:00
  • Zoning M-2, Rd*508)
  • Agent Name: BRYAN COXWORTH,MEGAN COXWORTH
  • Last Updated: 16/10/2024 16:29:33
Open House Dates
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