$1,980,000 FOR SALE

Business for Sale

992 Northam Road
Northam, PE C0B 2C0

Welcome to Northam, centrally located in Prince County, PEI. We?re on the lookout for the right entrepreneur to take over this thriving business. The 3 Craig brothers manage a successful enterprise on their 80-acre property in this tranquil rural setting. The property boasts a complete sawmill, kilns, and operations shop equipped to handle any wood project. Additionally, the deal includes a plumbing division. Over the years, the mill has undergone several expansions, with the most significant one occurring between 2005 and 2007. This expansion added a new showroom, 4 offices, a boardroom, a kitchen, shop space, a paint booth, and a sizable operation area. All buildings on the site are R2000 standard and are heated with recycled wood heat from their waste lumber, eliminating any additional heating costs. The kiln, the only one on the island, is also wood-heated, and a large area of the building is utilized for air drying. The 100 % Island lumber processed on-site is stamped and can be sold by the lifts either wholesale or retail. In addition to the woodworking operations, the company offers construction, cabinet building, trim work, novelty tables, and various custom orders, along with plumbing services. The sale also includes 65 acres of forest, most of which was planted in 2003 with native species and has since been maintained through thinning and road upkeep, with the rear portion of the property featuring a mature forest. There are numerous opportunities for business expansion, such as kitchen fabrication, custom stairs, lobster trap building, potato boxes, small baby barns, or cottage construction, the possibilities are endless. Interested parties are encouraged to explore this opportunity to see if it aligns with their needs. Further details, including a complete list of equipment, a property map, and building dimensions, can be found in the supplementary documents. (id:47423)

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Listed By ALLAN WEEKS REAL ESTATE CO.,LTD.
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202420480
Last Updated Aug 23, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Community Northam
Price History
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Detailed Information
Equipment Propane Tank
Listing Contract Date 2024-08-23
Location Description Follow directions to Northam Road, look for the business on the South side, civic #992.
Municipal ID 865113
Ownership Type Freehold
Property Type Business
Rental Equipment Propane Tank
Transaction Type For sale
Zoning Description Comm
Business
Business Type Other
Business Subtype Other
Building
Constructed Date 1997
Construction Material Wood frame
Cooling Type Ventilation system
Fire Protection Monitored Alarm, Smoke Detectors
Flooring Type Concrete
Stories Total 1
Total Finished Area 9852 sqft
Utility Water Drilled Well
Parking Spaces
Name Spaces
Gravel
Land
Total Size 80 acres
Acreage Yes
Size of Irregular Land 80

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