6737 Highway 20 West Lincoln, Ontario L0R 2A0

1 Bathroom 1,002 ft2
Acreage

$5,799,900

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:63616)

Property Details

MLS® Number X13422520
Property Type Vacant Land
Community Name 057 - Smithville
Parking Space Total 10

Building

Bathroom Total 1
Size Interior 1,002 Ft2

Land

Acreage Yes
Sewer Septic System
Size Irregular 10.13
Size Total 10.13 Ac
Size Total Text 10.13 Ac
Zoning Description A

https://www.realtor.ca/real-estate/29878823/6737-highway-20-west-lincoln-smithville-057-smithville

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