5554 Highway 38 N/a, Frontenac, ON

$1,299,900

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2.01

Acres

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

OfficeRE/MAX RISE EXECUTIVES, BROKERAGE

Listing Map

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