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159 Y ROAD, HASTINGS HIGHLANDS
2024-04-15
Quick Summary
MLS®#X8234226
Property Description
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. **** EXTRAS **** Seller is willing to stay on to help with transition. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Highway
Building
- Fireplace: No
- Interior Size: 8848 sqft
Features
- Feature: Irregular lot size
Land
- Land Size: 310 x 213 FT ; irregular .90 acres
- Sewer: Septic System
Zoning
- Description: Urban Industrial
Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2024-09-04 03:56:03
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$500,000
Your One Percent Realty Commission savings†
$500,000
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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