561 Bank St N

For Sale 20 Days
$2,399,000 $200K
$2,199,000
beds
baths
10,500 Sqft

561 Bank St N

For Sale 20 Days
$2,399,000 $200K
$2,199,000
beds
baths
10,500 Sqft

Highlights

Key insights

Description

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:63267)

Chuck Hogeterp of RE/MAX Escarpment Realty Inc.,
#40773117
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    1
  • Construction materials
    Concrete block, concrete walls
Location
  • Subdivision
    Town of simcoe
Lot/ Land Details
  • Lot dimensions
    0.95
Overview
  • Lot size (acres)
    0.95
  • Building size
    10500
  • Listing #
    40773117
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28913106/561-bank-street-n-simcoe
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-5,864

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25 Years fixed, 20% down payment, % interest
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