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15,485 SqFt
$ 4,999,900
Est. payment | /mo
15,485 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 15,485 sqft
Price per Sqft $322
Subdivision Grey Highlands
MLS Listing ID X12193221
Building Age 0-5
Annual Tax Amount $3,500
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Grey County
Community Grey Highlands
Area Grey County
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 1625.0
Lot Depth 1940.0
Listed by Vantage Point Realty Ltd.
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7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN