About 5554 Highway 38 N/a
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.
Features of 5554 Highway 38 N/a
| MLS® # | X13649708 |
|---|---|
| Price | $1,299,900 |
| Bathrooms | 0.00 |
| Acres | 2.01 |
| Type | Commercial |
| Sub-Type | Sale Of Business |
| Status | Active |
Community Information
| Address | 5554 Highway 38 N/a |
|---|---|
| Area | Frontenac |
| Subdivision | 47 - Frontenac South |
| City | Frontenac |
| Province | ON |
| Postal Code | K0H 1V0 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | None |
|---|---|
| Cooling | No |
| Fireplace | No |
Listing Details
| Office | RE/MAX RISE EXECUTIVES, BROKERAGE |
|---|
