5554 HIGHWAY 38, Frontenac (Frontenac South), ON K0H1V0
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Listing Type
Commercial/Industrial
Listing Status
Active
22
$1,449,900
Home Details for 5554 HIGHWAY 38
Price
$1,449,900
Type
Commercial Sale
Lot size acres
2.005
Listing #
X12944740
Property 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:31684)
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