Automotive Shop, Home, 10 Acres
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $150000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retiring.
Description Professionally set-up 3,940 sf automotive workshop with towing / impounding license and 1,616 sf 2 bedrooms home on 10 acres about 1,000 ft on hwy 69 in French River area. Fronting 20 ft on French River. 4 acres lake on property.
Shop has metal roof and siding, radiant in-floor hot water oil fired heating.
House is 17 years old with electric baseboard heating and wood stove. No basement. Shingles roof. Laminate and vinyl floors. Wood siding exterior. Carport for 2 cars. All equipment can be negotiated. Property taxes $6,013 for 2008. Asking $750,000.
NOTE: adjoining properties:
- French River Inn 14 units motel and 150 seats restaurant on 4.8 acres 800 ft on hwy 69,
- 22 storage units building on 1.6 acre lot fronting 274 ft on hwy 69,
- 73 treed acres with deeded access 50 ft on French River and 708 ft frontage on hwy 69,
- 6 lots (2-3 acres each) waterfront on French River,
are all for sale. Great re-development potential, about 100 acres mostly treed with over 800 ft on French River and about 2,700 ft frontage on hwy 69. Don`t miss this investment opportunity!
Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
phone 705 543 1341
Click Here To Contact Seller
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