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Located just north of Bancroft, this combination of a thriving well-established custom kitchen cabinetry with supplementary rental income from 49 heated storage units is a fantastic opportunity for someone looking to start or expand within the kitchen business offering stability or for entrepreneurs looking to establish something new. 5 Reasons to love this property: Location: Being easily accessible from a major highway(62N) and situated in a desirable developing area provides excellent exposure and potential for growth. Facilities: With over 8800 sq ft spread across three free-standing buildings, there's plenty of space for operations and expansion. The heated storage units available in different sizes adds versatility to the property. Income Streams: The established custom cabinetry business provides a solid foundation, while the rental income from the storage units offers a steady stream of cash flow. This dual-income model can help mitigate risks and potentially accelerate the payoff of any mortgage. Inventory: The inclusion of an expansive inventory of equipment is a significant asset, particularly for a start-up or an existing business looking to expand. It reduces the initial investment required and streamlines the transition process. Zoning: The fact that the zoning allows for multiple uses provides flexibility for future development or diversification of services. **** EXTRAS **** Seller is willing to stay on to help with transition. (id:52603)
MLS® Number | X8234226 |
Property Type | Industrial |
Amenities Near By | Highway |
Farm Type | Other |
Features | Irregular Lot Size |
Heating Type | Radiant Heat |
Size Interior | 8848 Sqft |
Acreage | No |
Land Amenities | Highway |
Sewer | Septic System |
Size Depth | 213 Ft |
Size Frontage | 310 Ft |
Size Irregular | 310 X 213 Ft ; Irregular .90 Acres |
Size Total Text | 310 X 213 Ft ; Irregular .90 Acres |
Zoning Description | Urban Industrial |
https://www.realtor.ca/real-estate/26751416/159-y-road-hastings-highlands
(416) 391-3232
(416) 391-0319
www.rightathomerealty.com/
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