REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,850,000
Est. payment /mo
Active
1302 Garage RD Armour, ON P0A 1C0
5,280 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $350
Subdivision Armour
MLS Listing ID X11923969
Annual Tax Amount $1,141
Tax Year 2024
Property Sub-Type Industrial
Property Description
RARE CLASS A LICENSED GRAVEL PIT WITH UNLIMITED TONNAGE, over 92 acres with 76.6 acres licensed for gravel pit area with 58.6 acres for extraction. Site plan is available. Approximately 50% river rock; pea stone, 1"-3", 3"-6", 6"-12" plus oversized and 50% sand products. Test holes were taken by Township when road was put in and varied from 80% rock to 50% rock. Lots of room for overburden. Creek crosses the back side of the property and on the east side for water access for washing river rock. Older scale house on site that needs repair, scale equipment should not take much to update. Zoned Extractive Industrial with creek/river (apron) zoned as Wetlands. The property is taxed as commercial, Industrial and Residential. The property abuts a 66' unopened road allowance (concession) that is zoned rural, therefore, the rehabilitation plan could be lucrative to a developer. OVER 10 MILLION TONNES OF UNTAPPED RESOURCES AVAILABLE. Outbuildings for equipment storage on site, steel building 48'x60' and barn approximately 40' x 40'. Original log home shell with new roof and septic on site, all buildings have hydro and water. Two driveways in to the property, one to the steel building and log home area and the other to barn, paddocks and scale house to gravel pit. So if your kids want some horses on site, the paddock and barn awaits. Located on year round Town maintained Road with access to Burk's Falls or Katrine via Three Mile Lake Road to Hwy 11 corridor. Star Link internet works great here! This area is up and coming for future development, people are coming further north to the Almaguin Highlands.
Location
Province ON
County Parry Sound
Community Armour
Area Parry Sound
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 1294.73
Lot Depth 3235.69
Others
Security Features No
Listed by Chestnut Park Real Estate