1414 Audrey Street, Kingston, Ontario K7L 4V4

Listed for:
$6,800,000
0 beds
0 baths
Listed 58 days ago
1414 Audrey Street, Kingston, Ontario K7L 4V4

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About

Cross Streets: Audrey Street and Floyd Avenue. ** Directions: North of Hwy 401. RARE OPPORTUNITY to acquire an established, income-producing self-storage facility together with residential accommodations on an approximately 9-acre site offering convenient access to the Highway 401 corridor in Kingston. The self-storage facility includes 258 storage units with approx. 27,300 sq. ft. of total rentable storage area. All areas and unit counts are approximate and subject to purchaser verification. The offering also includes an approx. 3,000 sq. ft. residence with 4 bdrms, 2.5 bthrms and finished basement, together with an attached attached secondary suite (approx. 1,450 sq.ft.) featuring 2 bdrms and 1.5 bthrms and an attached 2-car garage. Live on site while operating the business, accommodate an on-site manager, or lease the residential components for additional income. Storage demand in the Kingston trade area is supported by household moves and downsizing, contractors and trades, seasonal and recreational storage, and small-business inventory requirements. Potential value-add opportunities include rate optimization, online rentals and automation, ancillary revenue streams, and possible additional container capacity across the expansive site, subject to purchaser verification and all required approvals. Turn-key operation with an established brand and broad tenant base, well suited to owner-operators, private investors and storage groups seeking a stabilized asset with growth potential. Sale includes the land, buildings and operating business. Detailed financial statements, rent roll and operating information are available to qualified purchasers upon execution of a confidentiality agreement. Showings by appointment only through the Listing Brokerage. Please do not attend the property unaccompanied or disturb staff, tenants or occupants of the on-site residence. (id:27476)

Property Highlights

MLS® Number
X13636404
Type
Business
Community Name
44 - City North of 401
Land Size
9.038 ac

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water
Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
CENTURY 21 HERITAGE GROUP LTD.
MLS® number:
X13636404
Agent:
Peter Jordon
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