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561 Bank Street N Norfolk, Ontario N3Y 3N3

10500 sqft
Other

$2,399,000

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. (id:60365)

Property Details

MLS® Number X12443384
Property Type Retail
Community Name Simcoe
FarmType Other

Building

HeatingType Other
SizeInterior 10500 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 300 Ft
SizeFrontage 140 Ft
SizeIrregular 140 X 300 Ft
SizeTotalText 140 X 300 Ft
ZoningDescription Ml

https://www.realtor.ca/real-estate/28948871/561-bank-street-n-norfolk-simcoe-simcoe

Chuck Hogeterp
Broker


RE/MAX Escarpment Realty Inc.
325 Winterberry Drive #4b
Hamilton, Ontario L8J 0B6

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