$6,800,000

Commercial For Sale In Smithville, Ontario

$6,800,000

Property Information:

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.

Exclusions : Refrigerator, Stove And Car Lift In The Shop

Building Features:

  • Floor Space: 1002 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: 10-24.99
  • Basement: Full
  • Built in: 2003
  • Construction Materials: Steel Siding, Vinyl Siding
  • Floor Space (approx): 1002 Square Feet
  • Lot Features: High Traffic Area
  • Parking Features: Gravel
  • Water Source: Other
  • Zoning: A
  • Sewer: Septic Tank

Courtesy of: Re/Max Twin City Realty Inc.

Data provided by: Brantford Regional Real Estate Association Inc. 106 George Street, Brantford, Ontario N3T 2Y4
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