Nest Seekers

This 5 acre site offers an attractive combination of current income, storage upside and longer term development potential in a strategically located area between the two rapidly growing residential communities ...

Blossom Park - Airport and Area K1T 3V3
Canada

Listing

Web ID:5720589
Website:https://www.nestseekers.com/5720589

Property

Ownership: For Sale
Type: Land

Financials

Price:C4,900,000
($3,543,400)
(€3,051,300)
Annual Taxes:C68,362

Description

This 5-acre site offers an attractive combination of current income, storage upside and longer-term development potential in a strategically located area between the two rapidly growing residential communities of Findlay Creek and Riverside South . The property currently generates approximately $250,000 of gross income from existing month-to-month tenancies including the monthly mini-storage operation. The 78-unit mini-storage component is approximately 50% occupied, providing an opportunity to increase revenue as occupancy grows and capitalize on the continued residential development surrounding the property. The site also offers longer-term development potential, with conceptual plans showing future warehouse development while maintaining the existing mini-storage use. Ideal for an owner-user seeking residual income today with flexibility for expansion or redevelopment. Contact the listing agents for further information and to arrange a tour.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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