Business For Sale · Land

1617 42 COUNTY ROAD, Clearview

1617 42 COUNTY ROAD, Clearview, ON L0M1S0

$1.9M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

85%

About this property

98 acre Farm property with Century Home and Commercial Facilities. An extraordinary opportunity to set up you own Farm Business with 5 bedroom Residence and Agricultural Land - all on a Prime Main Road location. Located just south of Stayner, on high-traffic Airport Road, this rare offering includes: A Fully Operational 8,000 sq ft Retail building, currently home to a bustling Farm Market including a Certified Commercial Kitchen. With a loyal customer base from the past 33 yrs of business, and constant drive-by exposure, the potential for growth is massive. Expand the retail space into your own niche ... farm market, garden center, bakery, cafe, events venue, or specialty shop ... and start earning from day one. Charming Victorian-Era Home ... A spacious 5-bedroom farmhouse that has seen numerous upgrades, including a brand new expansive deck overlooking the pond, sheep pasture, and fruit orchards (apple, cherry, pear, peach) An abundance of berry bushes for seasonal harvesting. Everything You Need for a Working Farm. This well-equipped property includes multiple outbuildings including a bank barn and workshop ... Solar panels for eco-conscious living and energy efficiency ... Two scenic fish-stocked ponds ... Fertile working fields ready for cultivation. This is more than just a farm, it's a lifestyle, a business, and a dream come true. Whether you're looking to expand an existing agricultural enterprise, start a destination farm market, farm to table business, or simply enjoy the peace and productivity of rural life, this property offers unmatched versatility and value, and must be seen in person to truly be appreciated. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.95M
Down payment30% · $585K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$93K

Annual cash flow

$-15K

Cash-on-cash

-2.64%

DSCR

0.86

Going-in cap

4.75%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

101,340

Households

45,678

Median income

$84,000

Median age

39.4

Daytime population

163,730

5-yr growth

7.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1617 42 COUNTY ROAD, Clearview.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.