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$1,399,000
Available - For Sale
Listing ID: X12247700
"Storage in Bancroft" This well established Self Storage Rental Business has been successfully serving the Town of Bancroft and surrounding area for almost 20 years. Ideally situated on Highway 28 South for great visibility and access just 5 minutes south of Bancroft. There are a total of 100 units in 2 buildings with very few vacancies. This business virtually runs itself. All bookings and payments are conveniently made on line. Projected gross revenue for 2025 is about $136,500.00 plus HST. The NOI ( Net Operating Income) should be about $89,000.00. There is a small office, an electrical room, and a huge 32' x 35' double garage currently used by the owners. The garage could be converted to 4 additional rental units or rented out as-is. The site is 1.143 acres and has just been fenced in. A Phase 1 Environmental Study has just been completed.
Price $1,399,000
Taxes: $10,619.42
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 29375 Hwy 28 N/A South , Faraday, K0L 1C0, Hastings
Postal Code: K0L 1C0
Province/State: Hastings
Legal Description: LOT 8 AND PART LOT 7 RCP 2324 SRO, FARAD
Directions/Cross Streets: Highway 28 South
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Washroom 36 0
Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Washroom 41 0
Washroom 42 0
Washroom 43 0
Washroom 44 0
Washroom 45 0
Washroom 46 0
Washroom 47 0
Washroom 48 0
Washroom 49 0
Washroom 50 0
Washroom 51 0
Washroom 52 0
Washroom 53 0
Washroom 54 0
Washroom 55 0
Category: With Property
Use: Self Storage
Building Percentage: T
Total Area: 1.14
Total Area Code:  Acres
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Business/Building Name: Storage In Bancroft
Financial Statement: F
Chattels: F
Franchise: T
Days Open: O
Hours Open: 8:00 am
Employees #: 0
Seats: 0
Maintenance: 0
Vacancy Allowance: 3
Net Income Before Debt: $89000
Expenses Actual/Estimated: $Est
Sprinklers: No
Rail: N
Heat Type: None
Central Air Conditioning: No
Sewers: None
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RE/MAX COUNTRY CLASSICS LTD.

29375 Hwy 28 N/A South , Faraday, K0L 1C0, Hastings


 
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At a Glance:
Type: Com - Sale Of Business
Area: Hastings
Municipality: Faraday
Neighbourhood: Faraday
Style:
Lot Size: x 402.64(Feet)
Approximate Age:
Tax: $10,619.42
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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