$1,399,000
Available - For Sale
Listing ID: X12247700
29375 Hwy 28 N/A South , Faraday, K0L 1C0, Hastings
| "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. |
| Price | $1,399,000 |
| Taxes: | $10619.42 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 29375 Hwy 28 N/A South , Faraday, K0L 1C0, Hastings |
| Postal Code: | K0L 1C0 |
| Province/State: | Hastings |
| Legal Description: | LOT 8 AND PART LOT 7 RCP 2324 SRO, FARAD |
| Directions/Cross Streets: | Highway 28 South |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 | |
| Washroom Type 46 | 0 | |
| Washroom Type 47 | 0 | |
| Washroom Type 48 | 0 | |
| Washroom Type 49 | 0 | |
| Washroom Type 50 | 0 | |
| Washroom Type 51 | 0 | |
| Washroom Type 52 | 0 | |
| Washroom Type 53 | 0 | |
| Washroom Type 54 | 0 | |
| Washroom Type 55 | 0 |
| Category: | With Property |
| Use: | Self Storage |
| Building Percentage: | T |
| Total Area: | 1.14 |
| Total Area Code: | Acres |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Business/Building Name: | Storage In Bancroft |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 8:00 am |
| Employees #: | 0 |
| Seats: | 0 |
| Vacancy Allowance: | 3 |
| Net Income Before Debt: | $89000 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | None |
| Central Air Conditioning: | No |
| Sewers: | None |
$
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| RE/MAX COUNTRY CLASSICS LTD. |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hastings |
| Municipality: | Faraday |
| Neighbourhood: | Faraday |
| Tax: | $10,619.42 |
| Fireplace: | N |
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