For Sale - 2420 Providence Line, Otonabee-South Monaghan, Ontario

Est payment $10,564/mo
Views   1
Time on Jump  29 day
  • Established auto recycling business on approximately 100 acres of freehold land.
  • Operating since 1979, recognized legal non-conforming status by the city.
  • 80-ft commercial weigh scale and extensive workshop facilities included.
  • Untapped potential for additional waste disposal or residential development.
  • Approximately 20 minutes from Peterborough, accessible via paved municipal road.



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.
Listing IDX13558832
Address2420 Providence Line
CityOtonabee-South Monaghan, Ontario
Price$2,200,000
StyleInvestment
Land Size100.689
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Greenbelt/ConservationFeatures Irregular LotBasement 1Heating / Cooling Oil Forced AirSewer Septic
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Listing Agency:  Global Bricks Realty

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2420 Providence Line
Otonabee-South Monaghan , Ontario
$2,200,000
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