$999,000 FOR SALE

Industrial

Lot: 310 x 213 ftTotal Area: 8,848 ft2
2023 Taxes: $8,561.82

159 Y Rd
Hastings Highlands, ON K0L 1C0 | Hastings

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.

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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8234226
Last Updated Apr 17, 2024
Property Summary
Property Type Industrial

More like this:
Category Free Standing
Legal Description PT LT 4 CON 2 HERSCHEL PT 1 21R11523; HASTINGS HIGHLANDS ; COUNTY OF HASTINGS
Occupancy Owner
Possession Date TBD
Taxes (2023) $8,561.82
Tax Type Annual
Directions/Cross Streets Hwy 62N And Y Road
Area Hastings
Price History
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Detailed Information
Freestanding Y
Lot 310 x 213 ft
Lot Irregularities Irregular .90 Acres
Industrial Area 8,438 ft2
Office/Apt Area 410 ft2
Total Area 8,848 ft2
Approximate Age 16-30
Air Conditioning N
Basement N
Garage Type Outside/Surface
Amps 200
Heat Type Radiant
Area Influences Major Highway
Sewers Septic
Utilities A
Water Well
Clear Height 13 feet
Drive-In Level Shipping Doors 2
Drive-In Level Shipping Doors Width 10 feet
Drive-In Level Shipping Doors Height 10 feet
Rail N
Survey Y
Lot/Bldg/Unit Code Lot
Zoning Urban Industrial
Seller Property Info Statement N

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