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$999,000
Est. payment /mo
8,848 SqFt
UPDATED:
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
Originating Board Toronto Regional Real Estate Board
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. **** EXTRAS **** Seller is willing to stay on to help with transition. (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Septic System