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5554 Highway 38, Hartington, Ontario K0H 1W0 (23088283) - Remax Rise

5554 Highway 38,

Hartington Ontario, K0H 1W0

For sale

$1,699,900

Acreage

Amazing Investment Opportunity! 3 Income sources on one 2 acre property with room to expand (Car Wash/ Vacuum, Storage Units, and Solar Panels) . 4 Self Service Bays with 2 being optional drive thru. One Bay is larger for RV's, buses, commercial vehicles. Coin operated , Recession Proof , cash business with a 15 year proven track record. Second source of income comes from 14 Storage Units (2-10' x 10' units) , (12- 10' x 20' units) always fully rented year after year with a waiting list. Plenty of room on the property to add additional units. Finally the third source- 10 kilo watt roof top solar generating system. 9 years remaining on contract with Ontario Hydro. Everything is Remotely manageable with minimal upkeep, little to no staff, 24 hour service and access, no franchise fees. Attractive 6% Cap rate with lots of potential for growth on this large 2-acre lot. Call or email for more information. (id:33452)


Feature Sheet
MLS® Number K21002301
Features Parking
Property Type Other
Age 11 To 20 Years
Appliances Alarm System
Fireplace Present No
Utility Water Well




Estimated monthly mortgage payment


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Listing Agents

Jason Barbosa

Sales Representative

Mobile: 613-888-6567

jason@remaxrise.com


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