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$1,699,900
Est. payment /mo
2 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision 47 - Frontenac South
MLS® Listing ID X12305088
Lot Size 2.005 Acres
Acres 2.005
Source Kingston & Area Real Estate Association
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). Excellent cash flow and strong profit margins with consistent year-over-year growth. 4 self service bays with 2 being optional drive thru. One bay is larger for RV's, buses, commercial vehicles. Low operating cost- no monthly water or sewer bill. Coin and debit operated, recession proof, pandemic proof cash business with a 20 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! Plus an additional 23 acres lot adjacent the property could be purchased with this as a larger package. Finally, the third source - 10 kilo watt roof top solar generating system. 4 years remaining on contract with Hydro One 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. Full details available. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Septic System
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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE