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Key Details
Sold Price $1,985,000
Property Type Vacant Land
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
Square Footage 41,300 sqft
Price per Sqft $48
MLS Listing ID XH4155600
Sold Date 07/31/23
Style Two Story
Abv Grd Liv Area 41,300
Annual Tax Amount $4,400
Lot Size 4.000 Acres
Acres 4.0
Property Sub-Type Agriculture
Source Hamilton - Burlington
Property Description
Are you looking to invest in a profitable and certified organic mushroom business with excellent potential for immigration? Look no further! This business has won the prestigious Ontario Premier's Award for Agri-Food Innovation Excellence in 2014 and has been a major supplier of oyster mushrooms to Ontario and Quebec for over 20 years. Today, it also supplies high-quality shiitake mushrooms to its long-term customers, who pick up products themselves, eliminating delivery costs.
Conveniently located at the intersection of HWY 138 and 417, and only 30 minutes from Ottawa, 25 minutes from Cornwall, and 1 hour from Montreal, this property boasts 4 acres of flat land and a 2-story 41,300 sqf building that includes production space/office and 2 living units. Each unit comprises 2 bedrooms, 1 washroom, and 1 kitchen. The solar panels on the roof are part of a 20-year contract and earn $20K net income per year.
All advanced equipment and tools are included, and the owner has also made substantial recent investments, including a large mixer, misting system, heat system, 2200 sqf concrete storage, 160 sqf cooler, and new growing rooms, among others. There is great potential for this business to continue growing, and the second floor, which is currently not in use, can be expanded.
You can purchase this property with the business at the listed price or just buy the business and all equipment/tools at $490,000. This is a fantastic opportunity, so don't wait too long to act.
Location
Province ON
County Stormont, Dundas And Glengarry
Area North Stormont
Direction take 401 from GTA to Montreal , exit at 138 way North
Rooms
Basement None
Kitchen 0
Interior
Heating Electric, Forced Air, Oil, Wood
Fireplace No
Exterior
Parking Features Attached Garage, Gravel, None
Garage Spaces 3.0
Pool None
Roof Type Metal
Garage Yes
Building
Lot Description Rectangular
Faces take 401 from GTA to Montreal , exit at 138 way North
Foundation Concrete Block
Sewer Septic Tank
Water Unknown, Well
Architectural Style Two Story
Structure Type Aluminum Siding,Block,Metal/Steel Siding,Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 601150073
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