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774312 10 Highway Image 1

$4,999,900

2 days agoInvestment For Sale
bedroomsbed
washrooms0bath
MLS - #X12193221

774312 10 Highway, Grey Highlands, ON N0C 1E0

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Property Description

Property type

Investment

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About 774312 10 Highway

Prime 82.91-Acre Commercial & Industrial Development Opportunity with Income-Producing Self-Storage Facility. Unlock the potential of 82.91 acres of prime land within Flesherton's settlement area, zoned Highway and Service Commercial (72.46 acres C2-168 & C2-168-h, 10.45 acres D-093-h). This isn't just a profitable self-storage facility, its a rare chance to develop a sprawling commercial and industrial hub with endless possibilities. Key Features: 82.91 Acres of Development Potential-Investigate the possibility of severing the existing storage units into a separate property to focus on developing the remaining land for maximum ROI. Zoned for Versatility: Approved uses include office buildings, retail, restaurants, hotels, medical clinics, motor vehicle sales/service, bulk fuel sales depots, and more. Sewer Capacity: Flesherton's sewers are at 37% capacity (2024), with 48% remaining available after currently contemplated developments (See 2024 Wastewater Report), ensuring room for growth. Income-Producing Storage: 107 non-climate-controlled units across 12,189 sq. ft. of buildings and 3,296 sq. ft. of portable storage, generating steady cash flow. Storage Facility Details: Building 1 (2006): 4,042 sq. ft. (102'4" x 39'6") Building 2 (2022): 4,063 sq. ft. (102'11" x 39'8") Building 3 (2023): 4,063 sq. ft. (120'8" x 39'7") Portable Storage: 32 units, each 103 sq. ft. (12'5" x 8'4"), totaling 3,296 sq. ft. Additional Portable Storage: 152.75 sq. ft. (7'10" x 19'6") Unit Sizes: 5x10 (15), 6x10 (8), 8x12 (32), 10x15 (7), 10x20 (23), 10x20 F (15), 10x25 (7). This property offers immediate income from storage while you explore large-scale commercial or industrial projects. Please reach out to the listing agent for a copy of current Rent Rolls and Financial Statements. Don't miss this unique opportunity to shape Flesherton's future.

Home Overview

Last updated

1 day ago

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Basement information

Building size

15485

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by Vantage Point Realty Ltd.

Additional Details

Basement:N/A
Cooling:No
Heating:None
Parking Features:N/A

MORTGAGE INFO

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$0 Property Taxes

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