Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

5554 HIGHWAY 38 N/A, Frontenac, ON K0H 1V0 (Highway 38)
$ 1449900 - MLS : X12944740

From Our Gallery

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

Location Description

Highway 38

Property Detail

Community: 47 - Frontenac South
Property Type: Owner/Commercial
Garages: None
Annual Property Taxes : $ 5766.3

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : NonePropane
Sewer : Septic ,

Listing Contracted With: RE/MAX RISE EXECUTIVES, BROKERAGE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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