randy@randybeck.ca
613.541.9221

MLS®: X12305088

Status: For sale

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RE/MAX Finest Realty, Brokerage - Kingston

Randy Beck
Sales Representative

Email Me

Telephone:
613.389.7777

Cellular:
613.541.9221

$1,699,900

Location:

5554 ROAD 38, Frontenac (Frontenac South) Ontario, K0H1W0

Description:

Amazing Investment Opportunity! 3 income sources on one 2 acre property with room to expand (car wash/vacuum, storage units, and solar panels). Excellent cash flow and strong profit margins with consistent year-over-year growth. 4 self service bays with 2 being optional drive thru. One bay is larger for RV's, buses, commercial vehicles. Low operating cost- no monthly water or sewer bill. Coin and debit operated, recession proof, pandemic proof cash business with a 20 year proven track record. Second source of income comes from 14 storage units (2-10'x 10' units), (12- 10' x 20' units) always fully rented year after year with a waiting list. Plenty of room on the property to add additional units! Plus an additional 23 acres lot adjacent the property could be purchased with this as a larger package. Finally, the third source - 10 kilo watt roof top solar generating system. 4 years remaining on contract with Hydro One then generation from solar panels can be used to power the carwash. Everything is remotely manageable with minimal upkeep, little to no staff, 24 hour service and access, no franchise fees. Full details available. (id:2471)

Property:
Type: Business
Lot Dimensions: 2.005	Acreage: 2.005 ac
Sewer: Septic System

Structure:

Listing Office: RE/MAX RISE EXECUTIVES, BROKERAGE

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**Broker *Sales Representative

Finest Realty Inc, Brokerage, 1329 Gardiners Road, Kingston ON, K7P 0L8
Independently Owned And Operated

OFFICE: 613.389.7777 | FAX: 613.389.3156

5554 ROAD 38, Frontenac (Frontenac South) Ontario, K0H1W0

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