REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,199,000
Est. payment /mo
Price Dropped by $200K
561 Bank ST N Norfolk, ON N3Y 3N3
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Simcoe
MLS Listing ID X12443384
Annual Tax Amount $8,000
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Ideal Simcoe Investment Opportunity! Brand New, 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.
Location
Province ON
County Norfolk
Community Simcoe
Area Norfolk
Zoning ML
Interior
Cooling No
Exterior
Parking Features Outside/Surface
Utilities Available None
Building
Lot Description Lot
Others
Virtual Tour https://www.myvisuallistings.com/vtnb/359552
Lited by RE/MAX ESCARPMENT REALTY INC.