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$84,900
Est. payment /mo
79.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sault Ste. Marie
MLS® Listing ID SM242954
Lot Size 79.880 Acres
Acres 79.88
Source Sault Ste. Marie Real Estate Board
Property Description
Almost 80 acres located in within Sault Ste. Marie. This amazing property presents a unique investment opportunity. Located at the end of Old Goulais Bay Rd, just north of 5th Line, this lot is easily accessible and offers tons of opportunities. The property is marked and can viewed from the almost 1300 feet of graded road. The OFSC (Ontario Federation of Snowmobile Clubs) currently has a trail which runs through the property, but future use would be at the discretion of the buyer. The current owner has recently signed an Option to Lease agreement with EDF Renewable Energies. This would allow EDF a 5 year option to investigate the possibilities of placing Wind Turbines on the property. EDF pays an annual lease at this time, and if and when EDF constructs turbines on the property, the land owner would be in a position to negotiate a return on the turbines performance. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer No sewage system