0 Eighth Line, Erin, Ontario -

Drew Elliott
Sales Representative
75 First Street
Suite 14
Orangeville, Ontario L9W 2E7
Office: (519) 941-5151

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$3,495,000

Address:	0 Eighth Line, Erin
REF#:	X8219106
Status:	For Sale
Sale of Business:	#
Investment:	#
Use:	Gravel Pit/Quarry
Lot Size:	N/A
Garage:	N/A
City:	Erin, Ontario, Canada
Taxes:	$13,333.00
Directions:	Erin Garafraxa Townline
District:

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Features

Great Opportunity To Land Bank A Large Parcel Of Prime Agriculture Land And Have A Great Income Streams Attached To The Property. Property Has Lease With Largely Known Canadian Gravel & Cement Company. This Rare And Unique Offering Consist Of 78.84 Acres 73 Workable With 5.8 Acres of Ever Green Trees. Multiple Income Streams Are Attached To This Property. A Minimum Base Rent Until Extraction Commences Then Converts To Price Per Tonnage. Land Rent Paid By Farmer, A Tipping Fee Also As Material Is Brought Back To Property For Rehabilitation Purpose. Yearly Property Taxes Are Also Covered By Tenant **** EXTRAS **** Lease Commenced In 2023 and Runs Until 2044. This Property Is Currently Attached To A Former Gravel Quarry And Extraction Approvals are Currently In Place. Rehabilitation Is Mandatory And Company Has A History Of Completing Past Sites

Air Conditioning
Business Category	Raw (Outside Official Plan)

Disclaimer
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.