1300 Old Goulais Bay RD

Sault Ste. Marie P6A 6J8

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:2493)