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$ 938,800
Est. payment /mo
New
159 Y ROAD Hastings Highlands (herschel Ward), ON K0L1C0
1 Bath
8,848 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,848 sqft
Price per Sqft $106
Subdivision Herschel Ward
MLS® Listing ID X12059802
Originating Board Toronto Regional Real Estate Board
Property Description
Located just north of Bancroft, this prime corner lot is situated in a growing business park with excellent road visibility and access, just five minutes from town and all amenities. Formerly home to a well-established custom kitchen cabinetry business, this versatile property offers multiple income streams and the potential for new ventures. Spanning over 8,800 sq. ft. across three free-standing buildings, the property includes a 2,400 sq. ft. workshop equipped with two 10 x 10 roll-up doors and an office, plus a separate 380 sq. ft. office for added flexibility. New roof was installed on the shop in 2022, ensuring a well-maintained workspace. The two buildings that previously housed the cabinetry business can be repurposed for personal use or leased to other businesses, providing additional income potential. The 49 heated storage units, available in multiple sizes, offer a steady rental income stream. With the increasing demand for storage solutions, this property presents an opportunity for further expansion, such as indoor/outdoor storage for boats and cars, a much-needed service in the area. Additionally, the space could be ideal for a mechanics shop, welding and metal fabrication, or custom manufacturing. The sale includes land and buildings, with the option to discuss the purchase of machinery separately. The property benefits from flexible zoning, allowing for a wide range of business opportunities. A flexible closing is available in fall 2025, with an anticipated timeline of October or November. Don't miss this opportunity to bring your business vision to life in a fantastic location with excellent exposure and long-term growth potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Septic System
Others
Virtual Tour https://www.youtube.com/watch?v=LedPxSetwzc
Listed by RIGHT AT HOME REALTY