691 Balm Beach Rd E

Midland, L4R4K4
For Sale
$2,550,000
691 Balm Beach Rd E, Midland
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
691 Balm Beach Rd E
Highway Commercial
CATEGORY
3,270 Acres
TOTAL AREA
S8266118
MLSID
Contact Us
Property Description
Attention Investors & Developers! Discover an amazing opportunity to own almost 2 acres of Hwy Commercial land which presents a unique opportunity for lucrative development, & features a residential dwelling. This parcel land is primed for transformation, from residential high-rise, townhome community among many possibilities as per zoning by-law. Whether you're an investor seeking a promising development opportunity or a developer with a vision for transforming this property into a thriving residential enclave, 691 Balm Beach Rd holds the key to unlocking Midland's potential. Don't miss your chance to be a part of Midland's growth and development. Do not miss an opportunity to turn your development dreams into reality!
Extras
Alternatively, the property's existing zoning as Highway Commercial offers a multitude of possibilities for development in accordance with the zoning by-law. Zoning will have to be changed to residential, which is supported by the Town!
Property Details
Category
Highway Commercial
Zoning
M1
Total Area
3,270 Acres
Lot Size
55' x 145'
Taxes
$5,730 (2023)
Air Conditioning
Yes
Listing contracted with Sam Mcdadi Real Estate Inc.
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750 Balm Beach Rd E, Midland
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WELL ESTABLISHED AUTO SALES & SERVICE BUSINESS, EXCELLENT LOCATION ON BUSY HIGHWAY WITH PLENTY OF PARKING, 2400 SQ FT SHOP AREA & 320 SQ FT OFFICE SPACE, ENTIRE PACKAGE INCLUDES LAND, BUILDING, BUSINESS & CHATTELS, INVENTORY IS ALSO AVAILABLE, STATEMENTS & FINANCIALS ARE AVAILABLE TO BONA FIDE OFFERS, RARE OPPORTUNITY TO PURCHASE A PROFITABLE ONGOING BUSINESS IN AN EXCEPTIONAL LOCATION. SALE IS CONDITIONAL ON THE SELLER OBTAINING A SEVERANCE OF THE VACANT LAND WEST OF THE SERVICE SHOP KNOWN AS PART 4, PLAN 51R-1520 MEASURING 186 X 240 X 176 X 298 FEET SEE SURVEY ATTACHED.
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