29375 Hwy 28 S Faraday, Ontario K0L 1C0

1 Acres
Acreage

$1,399,000

"Storage in Bancroft" This well established Self Storage Rental Business has been successfully serving the Town of Bancroft and surrounding area for almost 20 years. Ideally situated on Highway 28 South for great visibility and access just 5 minutes south of Bancroft. There are a total of 100 units in 2 buildings with very few vacancies. This business virtually runs itself. All bookings and payments are conveniently made on line. Projected gross revenue for 2025 is about $136,500.00 plus HST. The NOI ( Net Operating Income) should be about $89,000.00. There is a small office, an electrical room, and a huge 32' x 35' double garage currently used by the owners. The garage could be converted to 4 additional rental units or rented out as-is. The site is 1.143 acres and has just been fenced in. A Phase 1 Environmental Study has just been completed. (id:50886)

Business

Business Type Transportation and Warehousing
Business Sub Type Storage/Mini
Name Storage In Bancroft

Property Details

MLS® Number X12247700
Property Type Business
Community Name Faraday
Amenities Near By Highway
Features Irregular Lot Size

Building

Size Interior 1 Acres

Land

Acreage Yes
Land Amenities Highway
Size Depth 402 Ft ,7 In
Size Frontage 118 Ft ,2 In
Size Irregular 1.143
Size Total 1.143 Ac
Size Total Text 1.143 Ac
Zoning Description Commercial

https://www.realtor.ca/real-estate/28525820/29375-hwy-28-s-faraday-faraday

Contact Us

Contact us for more information

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Randy Smylie
Salesperson

(613) 332-0444

RE/MAX Country Classics Ltd.

(613) 332-0444
(613) 332-0450
www.remaxcountryclassics.com/

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