159 Y Rd, Hastings Highlands MLS Number: X8234226
Hastings Highlands, Hastings, ON, K0L 1C0$999,000
Status: OFF MARKET
- Property Type: Commercial (Industrial)
- Property Taxes : $8561.82 (Tax Year:2023)
- Listing Courtesy : Right At Home Realty
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$999,000
Status: OFF MARKET
Located just north of Bancroft, this combination of a thriving well-established custom kitchen cabinetry with supplementary rental income from 49 heated storage units is a fantastic opportunity for someone looking to start or expand within the kitchen business offering stability or for entrepreneurs looking to establish something new. 5 Reasons to love this property: Location: Being easily accessible from a major highway(62N) and situated in a desirable developing area provides excellent exposure and potential for growth. Facilities: With over 8800 sq ft spread across three free-standing buildings, there's plenty of space for operations and expansion. The heated storage units available in different sizes adds versatility to the property. Income Streams: The established custom cabinetry business provides a solid foundation, while the rental income from the storage units offers a steady stream of cash flow. This dual-income model can help mitigate risks and potentially accelerate the payoff of any mortgage. Inventory: The inclusion of an expansive inventory of equipment is a significant asset, particularly for a start-up or an existing business looking to expand. It reduces the initial investment required and streamlines the transition process. Zoning: The fact that the zoning allows for multiple uses provides flexibility for future development or diversification of services.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8234226 |
| Listing Type | :Sale |
| Property Age | :16-30 Years |
| Possession Date | : |
| Last Updated | :17 Apr, 2024 (596 Days ago) |
| Source | :TRREB |
| Area | :Hastings |
|---|---|
| Postal Code | : K0L 1C0 |
| Price | : $999,000 |
|---|---|
| Property Taxes | :$8561.82 |
| Tax Year | :2023 |
|---|
| Cross Street | :Hwy 62N And Y Road |
|---|
| Fireplace/Stove | :No |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
15 Apr, 2024
TREB #X8234226
Available
$999000.0