5554 Highway 38, Frontenac (frontenac South), Ontario

$1,299,900

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2,600

Square feet

2.01

Acres

About 5554 Highway 38

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 year and 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 solar system currently under contract with Hydro One, with remaining term providing passive income for approximately 3 more years. Upon contract expiry, generation can be redirected to offset car wash operating costs. Everything can be remotely managed with minimal upkeep, little to no staff, 24/7 service and access. (id:36535)

Features of 5554 Highway 38

Listing # X13649708
Price $1,299,900
Bathrooms 0.00
Square Footage 2,600
Acres 2.01
Type Business

Community Information

Address 5554 Highway 38
Subdivision 47 - Frontenac South
City Frontenac (frontenac South)
Province Ontario
Postal Code K0H1V0

Amenities

Is Waterfront No
Has Pool No

Interior

Heating No heat
Cooling None
Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of RE/MAX RISE EXECUTIVES, BROKERAGE

Listing Map