5554 Highway 38, Frontenac, Ontario K0H 1V0

Listed for:
$1,449,900
0 beds
0 baths
Listed Today
5554 Highway 38, Frontenac, Ontario K0H 1V0

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About

Cross Streets: Highway 38. ** Directions: Highway 38 between Holleford and Jamieson Rd. Exceptional multi-stream investment opportunity on a 2-acre commercially zoned property offering 3 established income sources (Car Wash/Vacuum, Storage Units, Solar Panels) with consistent year-over-year growth, strong profit margins, and significant expansion potential. Car Wash - 4 self-serve bays (2 optional drive-thru), including one oversized bay for RVs, buses, and commercial vehicles. Coin and tap-to-pay debit operated. 20-year proven track record with a recession-proof, pandemic-proof cash business model and no franchise fees. Storage Units - 14 fully rented units (2 x 10'10', 12 x10'20') with a waiting list year after yearand substantial room to grow. Current storage rates are significantly below market comparables,representing an immediate value-add opportunity for a new owner. Solar: 10kW rooftop solarsystem currently under contract with Hydro One, with remaining term providing passive incomefor approximately 3 more years. Upon contract expiry, generation can be redirected to offsetcar wash operating costs. Everything can be remotely managed with minimal upkeep, little to no staff, 24/7 service and access. Contact agent for full details (id:27476)

Property Highlights

MLS® Number
X12944740
Type
Business
Community Name
47 - Frontenac South
Land Size
2.005 ac

Building

Square Footage
2600 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
No heat
Heating Fuel
Building Cooling Type
None

Utilities

Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
RE/MAX RISE EXECUTIVES, BROKERAGE
MLS® number:
X12944740
Agent:
Jason Barbosa
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