6737 Highway 20, Smithville, Ontario, Canada, L0R2A0

5,799,900
for Sale
1,002

About the property:

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.
Commercial/Retail false
Property Type:
Commercial/Retail
Status:
for Sale
Land Size:
10.134|10-24.99 acres
Water:
Other
Garage/Parking Type:
Gravel
Business Type:
Building and Land
Annual Property Taxes:
6,784.07
Listing ID:
40771073

Rooms

Dimensions

Brokered by:
RE/MAX Twin City Realty Inc.
Source: CREA
Presented By:

Amy Sheffar

Sales Representative

RE/MAX Twin City Realty Inc., Brokerage *