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46
561 Bank Street N
$2,399,000 Sale
Listed 20 hours ago
· 0
· 0
· -
· 10500
Key Facts
Key facts for 561 Bank Street N
Property Type
Other
Parking
-
MLS #
40773117
Size
10500 sqft
Basement
None
Listed on
2025-09-25
Lot size
-
Tax
-
Days on Market
1
Year Built
-
Maintenance Fee
-
Description
Ideal Simcoe Investment Opportunity! Brand New, Masterfully designed 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 u...nits 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. Rarely do properties and opportunities such as this come available with this cash flow, potential, & location. Invest in yourself & grow your portfolio., Directions:NORFOLK ST N TO SECOND AVE E TO BANK ST N, Exclusions:
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Listing courtesy of: RE/MAX Escarpment Realty Inc.