Investment opportunity, Granite Quarry in South River. Complete with Class A license (to operate both Pit and Quarry). As per the license details, "the maximum annual tonnage for this site is unlimited". Therefore income potential is also unlimited. Conservative calculations, of per ton value X available granite on the property, the revenue potential in the 100s of millions. Nestled in the picturesque unorganized township, lies this substantial financial investment, add to your portfolio Or begin your dream! The region's rich geological history, known as the Canadian Shield provides the region with an abundance of this multi-coloured, high-quality granite. The quarry itself spans 61 acres, offering ample space to expanding extraction. Many years from now, when the granite is exhausted from the 61 acres, the property could be easily converted to another use. Granite is highly sought-after material in construction, architecture, and landscaping due to its durability, versatility, and aesthetic appeal. Seller will consider a VTB, (OAC with substantial cash down payment). Please be sure to have your Agent check the documents attached to this Listing. For ease of research, this specific property located on Rye Road, South River, reference PIN 520520411.
PCL 20337 SEC NS FIRSTLY; PT LT 147 CON A LOUNT PT 2 42R16927; SECONDLY: LT 147 CON A LOUNT EXCEPT PT 1 & 2 42R12898 DISTRICT OF PARRY SOUND
Occupancy
Vacant
Possession Date
TBD
Taxes (2023)
$517.86
Tax Type
Annual
Directions/Cross Streets
522 E Drive/Rye Road
Area
Parry Sound
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
669.08 x 1,598.79 acres
Total Area
61.35 acres
Chattels
N
Financial Statement
N
Area Influences
Major Highway
Sewers
None
Utilities
N
Water
None
Lot/Bldg/Unit Code
Lot
Zoning
Industrial
Seller Property Info Statement
N
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