6737 Highway 20 West Lincoln, Ontario
PROPERTY INFO
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. (id:4555)
PROPERTY SPECS
Price $5,799,900
City West Lincoln, Ontario
Bath 1 Full
Address 6737 Highway 20
Listing ID X13422520
Parking 10.00
Land Size 10.13
Type Vacant Land
Status For Sale
EXTENDED FEATURES
Ownership
Freehold Sewer
Septic System Parking
10.00
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