5554 HIGHWAY 38, Frontenac (Frontenac South), Ontario, K0H1V0
MLS: X12944740 | Business
$1,449,900
Property 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 (id:64974)
Quick Facts
- Property Type: Business
- Bedrooms: None
- Bathrooms: None
- Living Area: 2,600 sq ft (241.5 m²)
- Lot Size: 2.0050 acres (0.81 ha)
- Frontage: 350 ft (106.7 m)
Costs
- Annual Taxes: $5,766.30
Listing Provided by: RE/MAX RISE EXECUTIVES, BROKERAGE
Board: Kingston & Area Real Estate Association
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: No heat
- Cooling: None
Exterior & Construction
- Sewer: Septic System
Lot & Land
- Lot Size: 2.0050 acres (0.81 ha)
- Frontage: 350 ft (106.7 m)
- Zoning: UC-15
Community & Neighbourhood
- Neighbourhood: 47 - Frontenac South
Listing Information
Listing History
MLS listing activity for 5554 HIGHWAY 38, Frontenac (Frontenac South), Ontario, K0H1V0 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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5554 HIGHWAY 38, Frontenac (Frontenac South), Ontario, K0H1V0