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$1,299,900
Available - For Sale
Listing ID: X13649708
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 year and 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 solar system currently under contract with Hydro One, with remaining term providing passive income for approximately 3 more years. Upon contract expiry, generation can be redirected to offset car wash operating costs. Everything can be remotely managed with minimal upkeep, little to no staff, 24/7 service and access.
Price $1,299,900
Taxes: $5,766.3
Tax Type: Annual
Occupancy by: Owner
Address: 5554 HIGHWAY 38 N/A , Frontenac, K0H 1V0, Frontenac
Postal Code: K0H 1V0
Province/State: Frontenac
Legal Description: Pt Lt 6 Con 7 Portland Pt 1, 13R18457; S
Directions/Cross Streets: Highway 38
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
Category: With Property
Use: Car Wash
Building Percentage: T
Total Area: 2,600
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 6-15
Financial Statement: F
Chattels: F
Franchise: F
Hours Open: 24/7
Employees #: 0
Seats: 0
Maintenance: 0
Outside Storage: T
Heat Type: None
Central Air Conditioning: No
Sewers: Septic
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RE/MAX RISE EXECUTIVES, BROKERAGE

5554 HIGHWAY 38 N/A , Frontenac, K0H 1V0, Frontenac

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Sale Of Business
Area: Frontenac
Municipality: Frontenac
Neighbourhood: 47 - Frontenac South
Style:
Lot Size: x 250.03(Feet)
Approximate Age: 6-15
Tax: $5,766.3
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949