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5554 Highway 38

Hartington, ON K0H 1V0
  • $1,649,999
  • STATUS: Active Under Contract
  • ON SITE: 68 Days
  • MLS #: 40224373
Under Contract
UPDATED: 36 min ago
$1,649,999
  • 0
    BEDS
  • 2-4.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

Description

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 RVs, buses, commercial vehicles. Low operating cost- no monthly water or sewer bill. Coin operated , Recession Proof , Pandemic Proof Cash business with a 15 year proven track record. Over $22,000 increase in Net Profit from 2020 to 2021. 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. 8 years remaining on contract with Ontario Hydro then generation from solar panels can be used to power the carwash. Everything is Remotely manageable with minimal upkeep, little to no staff, 24 hour service and access, no franchise fees. Potential for growth on this large 2-acre lot. Call or email for more information.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-05-24T16:21:57.017.
www.realadvisors.ca/homes/126753462
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5554 Highway 38 Hartington, ON K0H 1V0

  • Price: $1,649,999
  • Status: Active Under Contract
  • On Site: 68 Days
  • Updated: 36 min ago
  • MLS #: 40224373
0
Beds
0
Baths
0
½ Baths
2-4.99
Acres
Neighbourhood:
47 - Frontenac South
County:
Frontenac
Area:
Frontenac
Property Description
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 RVs, buses, commercial vehicles. Low operating cost- no monthly water or sewer bill. Coin operated , Recession Proof , Pandemic Proof Cash business with a 15 year proven track record. Over $22,000 increase in Net Profit from 2020 to 2021. 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. 8 years remaining on contract with Ontario Hydro then generation from solar panels can be used to power the carwash. Everything is Remotely manageable with minimal upkeep, little to no staff, 24 hour service and access, no franchise fees. Potential for growth on this large 2-acre lot. Call or email for more information.
Exterior Features

Acres Range 2-4.99 Exterior Features Storage Buildings Features In Area None Garage YN No Location Rural Lot Size Area 2.0050 Outside Storage YN Yes Road Access Municipal Road Water Front YN No

Interior Features

Basement YN No Building Area Total 2600.00 Cooling None Cooling YN No Heating Propane Kitchens Total 0

Property Features

Approximate Age 6-15 Years Assessment Year 2016 Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Lot Depth 250.03 Lot Front 350.01 Lot Shape Rectangular Mls Status Conditional New Construction YN No Property Sub Type Investment Recreational Use YN No Sewer Septic Stories Total 1.0 Water Source Well

Listing information © 2022 Information Technology Systems Ontario.
Listing provided courtesy of Jason Barbosa of Re/Max Rise Executives, Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-05-24T16:21:57.017.
 
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