561 Bank Street N Simcoe, Ontario N3Y 3N3

10,500 ft2

$2,399,000

Ideal Simcoe Investment Opportunity! Brand New, Masterfully designed 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. Rarely do properties and opportunities such as this come available with this cash flow, potential, & location. Invest in yourself & grow your portfolio. (id:50886)

Property Details

MLS® Number 40773117
Property Type Other
Amenities Near By Hospital, Schools

Building

Basement Type None
Construction Material Concrete Block, Concrete Walls
Exterior Finish Concrete
Foundation Type Poured Concrete
Stories Total 1
Size Exterior 10500.0000
Size Interior 10,500 Ft2
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Schools
Sewer Municipal Sewage System
Size Depth 300 Ft
Size Frontage 140 Ft
Size Irregular 0.95
Size Total 0.95 Ac|1/2 - 1.99 Acres
Size Total Text 0.95 Ac|1/2 - 1.99 Acres
Zoning Description Ml

https://www.realtor.ca/real-estate/28913106/561-bank-street-n-simcoe

Contact Us

Contact us for more information

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Chuck Hogeterp
Salesperson

(905) 531-2467
(905) 573-1189

RE/MAX Escarpment Realty Inc.
325 Winterberry Dr Unit 4b
Stoney Creek, Ontario L8J 0B6

(905) 573-1188
(905) 573-1189
www.remaxescarpment.com/

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