8687 HIGHWAY 511, Lanark Highlands

$4,500,000

For sale: Other

Other at 8687 HIGHWAY 511, Lanark Highlands
Property type
Sale Of Business
MLS®
MLS® X13704426
Neighbourhood
917 - Lanark Highlands (Darling) Twp

Fully operational newer sawmill located in the heart of the milling district in Lanark Highlands. Established in 2002 with addition added in 2007, this exceptional turnkey business is well-maintained with 6,400 sq ft footprint on 20 acres along major highway for easy access. The property offers ample space for future expansion and is perfectly positioned for logistical efficiency. The sale includes all necessary equipment and infrastructure to step in and continue operations, providing a profitable turnkey business opportunity. Currently operating Monday through Thursday. Located in a prime industrial zone, the business benefits from quick access to key transportation routes and proximity to local suppliers and buyers. With room for growth and potential for diversification, this sawmill presents a rare opportunity to invest in a stable, well-respected business in the region. Zoning is Rural, Mineral Aggregate Resource. Approx 10 mins to Lanark; 40 mins Perth or 50 mins Ottawa

Sold data

Homes in Lanark Highlands — recent sold market

Homes in Lanark Highlands took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 81, across 100 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.

The median sale price was $439,450.

Homes sold for about 4.5% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$439,450
Sale-to-list ratio
95.5%
Sold above asking
8%

Based on 100 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 8687 HIGHWAY 511