2420 Providence Line, Otonabee-South Monaghan, ON

$2,200,000

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About 2420 Providence Line

Turnkey Opportunity! Sale Of An Established Auto Recycling And Salvage Business Together With Approximately 100 Acres Of Freehold Land In The Township Of Otonabee-South Monaghan, County Of Peterborough. The Long-Established Operation, With The Township's Records Tracing The WreckingYard/Shop Back To 1979, Is Recognized By The City As Legal Non-Conforming: The Recycling/Wrecking Yard And Shop, Which Would Normally Fall Under The Waste Disposal Industrial (MD) Zone, Sit Within The Rural (RU) Zone And May Continue At Their Current Location And Size (Cannot Be Enlarged Without Planning Approvals). The Business Is Supported By An 80-Ft Commercial Weigh Scale, A Hydraulic Compressor, An Approx. 2,500 Sq Ft Autobody Workshop, And A Yard Configured For Approximately 1,000 Vehicles. Beyond The Existing Operation, The Property Offers Untapped Upside: Approximately 7.5 Acres Of Waste Disposal Industrial (MD) Land That Could Support The Set-Up Of A Separate Waste Disposal Or Recycling Business, And Roughly 1.5 Acres Of Rural Residential (RR) Land Offering Potential To Build A New Rural Farmhouse Or Home - Both Subject To Municipal Approvals. Also Included: A Detached Home Serviced By Well, Septic, And 400-Amp/220-Volt Hydro, Plus Approximately 90 Acres Of Rural And Natural Land With Mature Cedar And Mixed-Hardwood Bush And A Watercourse With Environmental Protection Lands. Four Zoning Designations (RU/RR/MD/EP)Across One Freehold Title. Approximately 20 Minutes To Peterborough, About 1.5 Hours To TheGTA, With Direct Frontage On A Paved Municipal Road. Sold As-Is, Where-Is. Confidential Information Memorandum Available Upon Signing Of An NDA.

Features of 2420 Providence Line

MLS® # X13558832
Price $2,200,000
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 2420 Providence Line
Area Peterborough
Subdivision Otonabee-South Monaghan
City Otonabee-South Monaghan
Province ON
Postal Code K9J 6X8

Amenities

Garages Outside/Surface
Is Waterfront No

Interior

Heating Oil Forced Air
Cooling No
Fireplace No

Listing Details

OfficeGlobal Bricks Realty

Listing Map

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