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561 Bank Street N Simcoe, Ontario N3Y 3N3

10500 sqft

$2,399,000

Ideal Simcoe Investment Opportunity! Brand New, Masterfully designed 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. Rarely do properties and opportunities such as this come available with this cash flow, potential, & location. Invest in yourself & grow your portfolio. (id:63008)

Property Details

MLS® Number 40773117
Property Type Other
AmenitiesNearBy Hospital, Schools

Building

BasementType None
ConstructionMaterial Concrete Block, Concrete Walls
ExteriorFinish Concrete
FoundationType Poured Concrete
StoriesTotal 1
SizeExterior 10500.0000
SizeInterior 10500 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Hospital, Schools
Sewer Municipal Sewage System
SizeDepth 300 Ft
SizeFrontage 140 Ft
SizeIrregular 0.95
SizeTotal 0.95 Ac|1/2 - 1.99 Acres
SizeTotalText 0.95 Ac|1/2 - 1.99 Acres
ZoningDescription Ml

https://www.realtor.ca/real-estate/28913106/561-bank-street-n-simcoe

Chuck Hogeterp
Salesperson


RE/MAX Escarpment Realty Inc.
325 Winterberry Dr Unit 4b
Stoney Creek, Ontario L8J 0B6

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