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$775,000
Est. payment /mo
25,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 25000
Square Footage 25,000 sqft
Price per Sqft $31
Subdivision Rural Cramahe
MLS® Listing ID X13116008
Lot Size 24999.999 Acres
Acres 25000.0
Property Description
Positioned just off Highway 401 and minutes from the iconic The Big Apple, this exceptional self-storage investment offers the rare combination of immediate cash flow, low operational demands, and outstanding long-term upside.Featuring 31 storage units plus a versatile 1-bedroom residential unit, this property is designed for strong, diversified income generation. The residential unit has successfully operated as both a standard long-term rental and a short-term Airbnb accommodation, creating additional flexibility and revenue potential for future owners.With an impressive 8% cap rate, opportunities like this are increasingly difficult to find in today's market. Self-storage continues to be one of the most resilient and attractive asset classes in commercial real estate, valued for its low overhead, minimal staffing requirements, limited maintenance demands, and steady consumer demand through all stages of the economy. Compared to many traditional commercial investments, self-storage offers a streamlined operational model with strong return potential and fewer day-to-day management challenges.The location further elevates this opportunity. Situated in one of the busiest and most recognizable highway corridors in the region, the property benefits from exceptional visibility, accessibility, and continued growth throughout the surrounding area. As Northumberland County and the Highway 401 corridor continue to evolve and expand, properties in strategic commercial locations like this become increasingly valuable, not only for their existing income stream but also for their long-term land and development potential.Whether you are an experienced investor looking to expand your portfolio or someone seeking a high-performing business with manageable operations, this property presents an exciting opportunity to secure both strong present-day returns and future appreciation potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
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Listed by ROYAL HERITAGE REALTY LTD.
NEARBY PROPERTIES FOR SALE
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Jeffrey Sefton
Primary Coverage areas - Oliver, Osoyoos, OK Falls
Primary Coverage areas - Oliver, Osoyoos, OK Falls