Price ChangeFor Sale

561 Bank Street N
Norfolk, Norfolk, ON, N3Y 3N3

Commercial Retail
TRREB
MLS® Number: X12443384
$1,999,900List Price
Commercial RetailProperty Type
10,500 sq ftSize
$8,000 / 2024Taxes (Annual)
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PRICE CHANGED
$1,999,900
Previously Listed For:
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Listing History

Buy/sell history for 561 Bank Street N, Norfolk, ON N3Y 3N3

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$8,000 / 2024
Listing #:X12443384
Property Type:Commercial Retail
Size:10,500 sq ft
Land Size:140 x 300
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX ESCARPMENT REALTY INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Simcoe
Municipality:Norfolk

Building

Size:10,500 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Other
Utility Sewer:Sanitary

Land

Cross Street:Second Ave

$1,999,900

List price

561 Bank Street N, Norfolk – Commercial Retail for sale · MLS® # X12443384