6737 Highway 20

West Lincoln, ONVacant Land
$5,799,900
MLS® X13422520
Vacant Land1 baths10 total[object Object]
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About This Property

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:63604)

Key Facts

Type
Vacant Land
Baths
1
Lot
10.13
Parking
10 total
Property Details 7 details
Bathrooms
1 bathroom
Parking
10 parking spaces
Living area
[object Object]
Property
Vacant Land
Property subtype
Vacant Land
Fireplace
No
Lot dimensions
10.13
Lot area
10.13 acres
Taxes
$6,784.07 (2,025)
Zoning
A
Sewer
Septic System

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Neighbourhood

Area
Smithville
City
West Lincoln
Postal code
L0R 2A0
Nearby
South Grimsby Rd 6
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