Randy Beck - at your Beck and call
randy@randybeck.ca
613.541.9221
him
MLS®: X12944740 Status: For sale

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RE/MAX Finest Realty, Brokerage - Kingston

Randy Beck
Sales Representative

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Telephone:
613.389.7777

Cellular:
613.541.9221


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$1,449,900
Location:

5554 HIGHWAY 38, Frontenac (Frontenac South) Ontario, K0H1V0

5554 HIGHWAY 38, Frontenac (Frontenac South) Ontario
Description:
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:2471)
Property:
Type: Business
Lot Dimensions: 2.005Acreage: 2.005 ac
Sewer: Septic System
Structure:
Square Footage: 2600 sqft
Heating: No heat
Cooling Type: None
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5554 HIGHWAY 38, Frontenac (Frontenac South) Ontario

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