438 RICKA Road, Clarington, Ontario L1C 3K5
$6,900,000.00
20.6 acres designated "Employment Lands" in the Region of Durham 2023 Official Plan. 1,273 feet frontage on Highway 401. Located immediately west of Highway 35/115 Interchange provides easy access to Hwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplexed) and outbuildings (see photos). MPAC Assessment "Code 221 - Farm with residence - with commercial/industrial operation". Seller projects $183k net income in 2024 from multiple revenue streams: a) long term lease with communication tower company, b) well established recreational vehicle storage business (since 1996 - see aerial views), c) municipal certified legal non-conforming residential ... read more
20.6 acres designated "Employment Lands" in the Region of Durham 2023 Official Plan. 1,273 feet frontage on Highway 401. Located immediately west of Highway 35/115 Interchange provides easy access to Hwy 2, Hwy 401 & Hwy 35/115. Well maintained farmhouse (duplexed) and outbuildings (see photos). MPAC Assessment "Code 221 - Farm with residence - with commercial/industrial operation". Seller projects $183k net income in 2024 from multiple revenue streams: a) long term lease with communication tower company, b) well established recreational vehicle storage business (since 1996 - see aerial views), c) municipal certified legal non-conforming residential duplex (farmhouse), d) 12 KVW Micro Fit Producer. See projected 2024 revenue/expense report in attachments (Schedule B). Buyer responsible for completing own due diligence. See MLS Listing for additional files. (id:25417)
- Listing ID: E8199738
- Property Type: Vacant Land
| Property | |
|---|---|
| Lot Size: | 860 by 1325 Acre |
| Building | |
|---|---|
| HVAC: | Fireplace |
| Location | |
|---|---|
| Municipality: | Clarington |
| Province: | Ontario |
| Nearby Amenities: | Highway and Public Transit |
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