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$ 2,399,000
Est. payment /mo
New
561 Bank ST N Norfolk, ON N3Y 3N3
10,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $228
Subdivision Simcoe
MLS Listing ID X12443384
Annual Tax Amount $8,000
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 300.0
Lot Front 140.0
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
Interior
Cooling No
Exterior
Utilities Available None
Lot Frontage 140.0
Lot Depth 300.0
Others
Security Features No
Virtual Tour https://www.myvisuallistings.com/vtnb/359552
Listed by RE/MAX ESCARPMENT REALTY INC.
