Rare 10.5-acre residential and commercial development opportunity in the rapidly growing community of Millbrook. Comprised of two adjoining parcels and surrounded by ongoing development, this exceptional property offers outstanding potential for future residential, commercial, or mixed-use projects. The property features a well-maintained approximately 2,700 sq. ft. century brick home with 4 bedrooms, 2 bathrooms, updated windows, a new roof, high-efficiency natural gas boiler heating, and a private inground pool. Also included is a 6,400 sq. ft. commercial building (160' x 40') with natural gas heat, three-phase power, and a partial basement, plus a newer 54' x 60' commercial building featuring 16-foot ceilings and four 12' x 14' overhead doors. Ideally located just 3 km from Highway 115, only 10 minutes to Highway 407 and Peterborough, with direct access from both County Road 10 and Buckland Drive. Existing buildings and infrastructure provide immediate utility while offering tremendous long-term redevelopment potential. A rare opportunity to acquire a prime development parcel in one of the region's fastest-growing areas-ideal for developers, investors, or businesses looking to capitalize on Millbrook's continued growth.
This prime residential and/or commercial development land is a unique opportunity. Located in Millbrook. Spanning a total of 10.50 acres across two adjacent parcels, surrounded by ongoing development, making it an ideal investment for future residential or commercial projects. Featuring a large 4 bdrm. 2 bath century brick home approx. 2,700 sq. ft. with a new roof, windows, high-efficiency gas boiler heating, and an inviting inground pool. An 6,400 sq. ft. commercial building (160' x 40') equipped with natural gas heating, 3-phasepower, and a partial basement. A new 54' x 60' commercial building with a 16' ceiling, featuring four roll-up doors (12' x 14'). Located 3 kms from Hwy. 115. Ten minute drive to 407. 10 min. to Peterborough. Accessible via established roadways. Direct access from County Road 10 or Buckland Drive. This property presents an extraordinary opportunity for developers or investors seeking prime land for residential or commercial purposes in a thriving area. With its ample size, strategic location, and existing infrastructure, it's poised for successful development.
TREB #X8074760
Feb 16, 2024
Listed
$8,500,000
As the MLS and public records start to fill up, we'll list the details here.