6737 Highway 20, West Lincoln (Smithville), Ontario L0R2A0

Listing courtesy of NORTH 2 SOUTH REALTY.

$5,799,900
1
BA
1,002
SqFt

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List Price
$5,799,900
MLS®
X13422520
Days on Market
105
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Bathrooms
1
Living Area
1,002
Lot Size Dimensions
10.13
Lot Size
441,262
Subdivision
057 - Smithville

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:5764)

Additional Information

Subdivision
057 - Smithville
Parking Spaces
10
Country
Canada
Sewer
Septic System
Lot Size
441,262

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