LOADING

5554 Highway 38 Hartington, Ontario K0H 1V0

None Acreage

$1,550,000

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. (id:48714)

Property Details

MLS® Number 40290158
Property Type Other
Features Country Residential

Building

Basement Type None
Cooling Type None
Heating Fuel Propane
Stories Total 1
Size Exterior 2600.0000
Utility Water Well

Land

Access Type Road Access
Acreage Yes
Sewer Septic System
Size Depth 250 Ft
Size Frontage 350 Ft
Size Irregular 2.005
Size Total 2.005 Ac|2 - 4.99 Acres
Size Total Text 2.005 Ac|2 - 4.99 Acres
Zoning Description Uc-15

https://www.realtor.ca/real-estate/24624226/5554-highway-38-hartington

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