$ 1,820,000
5226 Greenlane RD S Lincoln, ON L0R 1B3
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$ 1,820,000
Est. payment | /mo
4 SqFt
$ 1,820,000
Est. payment | /mo
4 SqFt
Key Details
Property Type Commercial
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Square Footage 4 sqft
Price per Sqft $455,000
MLS Listing ID X9512727
Annual Tax Amount $5,085
Tax Year 2023
Property Description
Welcome to 5220-5226 Greenlane, a stunning 4.8-acre property strategically positioned between Grimsby and Beamsville, near the escarpment and Lake Ontario. This prime location, close to the QEW and with over 400 feet of frontage on Greenlane Rd., offers immense potential. The property features a vast commercial greenhouse facility with nearly 44,500 square feet of space, perfect for horticultural/agricultural projects. The facility includes a commercial cooler, three heated garages accommodating four vehicles, and a workshop. Also, there are two charming detached homes-a 1,706 SQFT residence built in 1968 and a fully renovated 1,388 SQFT home from 1967. Enjoy the heated, inground pool during summer days. This is an exceptional opportunity for entrepreneurs to run a business on-site or for investors to hold until the land can be developed. In the meantime, the property can generate income by renting the homes, greenhouse, and land, which could potentially grow apples, peaches, plums, wine grapes, or other produce. The property has municipal water, natural gas, and is on a septic system. Beamsville, a rapidly expanding town, connects with Grimsby through Greenlane, bringing great traffic for a business. Plus, Metrolinx plans to develop a GO station within walking distance in a few years, making it ideal for Toronto commuters. The possibilities are endless! All information to be verified by the buyer or the buyer's agent.
Location
Province ON
County Niagara
Area 982 - Beamsville
Interior
Cooling No
Exterior
Garage Spaces 24.0
Utilities Available Available
Others
Security Features No
Listed by ROYAL LEPAGE TERREQUITY REALTY
"Helping clients build weath through strategic real estate aquisitions"
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