159 Y RD Active Save Request In-Person Tour Request Virtual Tour
Hastings Highlands,ON K0L 1C0
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,848 sqft
Price per Sqft $112
MLS Listing ID X8234226
Annual Tax Amount $8,561
Tax Year 2023
Property Description
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.
Location
Province ON
County Hastings
Community Major Highway
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Available
Parking Type Outside/Surface