561 Bank Street N new

Simcoe,ON N3Y 3N3

$ 2399000

0 Bed

- Bath

10500 SqFt


Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $228

MLS Listing ID 40773117

Lot Size 0.950 Acres

Property Sub-Type Mixed,Building and Land

Property 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.

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning ML

Rooms

Kitchen 0

Exterior

Exterior Feature Storage

Building

Lot Description Rectangular,City Lot,Hospital,Schools

Story 1

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Block

New Construction No

Others

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