561 Bank Street

Norfolk, N3Y 3N3
FOR SALE
$1,999,900
561 Bank Street, Norfolk
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
561 Bank Street
Commercial Retail
CATEGORY
10,500 Sq Ft
TOTAL AREA
X12443384
MLSID
Contact Us
Property Description
Ideal Simcoe Investment Opportunity! Brand New, 72 unit Self-Storage Facility. Now available is a fully fenced, all-masonry built self-storage facility with steel roof, designed for low maintenance and long-term durability. This brand new complex features 72 units including 68 units sized 11 x 11.6 and 4 units sized 11.6 x 8. In addition to the units, the site offers outdoor storage options & fence signage to further increase revenue potential & overall cash flow. An approx. 400 sq ft administration office with two washrooms is fully barrier-free, providing accessibility and a professional on-site presence if desired. The facility is equipped with an automatic gated entry for security, convenience, and a hands off Investment approach. Infrastructure is top-tier, with an large aggregate parking area, full storm sewer and infiltration system in place. The combination of strong demand, low operating costs, and additional revenue potential makes this a recession-resistant investment.
Property Details
Address
561 Bank Street
Community
Postal Code
N3Y 3N3
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
ML
Lot Size
140' x 300'
Total Area
10,500 Sq Ft
Retail Area
10,500 Sq Ft
Taxes
$8,000 (2024
Heat Type
Other
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Re/Max Escarpment Realty Inc.
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