29375 Hwy 28 S Faraday, Ontario K0L 1C0
$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
Randy Smylie
Salesperson
(613) 332-0444
(613) 332-0450
www.remaxcountryclassics.com/