561 Bank Street N, Norfolk, ON N3Y 3N3

Norfolk N3Y 3N3 Ontario

MLS: X12443384

$2,399,000

Added 1 hour ago | For Sale

Listed by: RE/MAX ESCARPMENT REALTY INC.

About Property

Ideal Simcoe Investment Opportunity! Brand New, 72 unit Self-Storage Facility. Now available is a fully fenced, all-masonry built self-storage facility with steel roof, designed for low maintenance and long-term durability. This brand new complex features 72 units including 68 units sized 11 x 11.6 and 4 units sized 11.6 x 8. In addition to the units, the site offers outdoor storage options & fence signage to further increase revenue potential & overall cash flow. An approx. 400 sq ft administration office with two washrooms is fully barrier-free, providing accessibility and a professional on-site presence if desired. The facility is equipped with an automatic gated entry for security, convenience, and a hands off Investment approach. Infrastructure is top-tier, with an large aggregate parking area, full storm sewer and infiltration system in place. The combination of strong demand, low operating costs, and additional revenue potential makes this a recession-resistant investment.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 140 X 300
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Second Ave
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $8000
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12443384

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