Just minutes off the 401 and Cedar Creek Exit #268, this operational Self Storage property is on 1.205 acres and boasts 115 rooms/offices in 22,460 square feet of building space. There are 4 buildings on property, 2 are temperature controlled (16,860 ft2), 2 are non-heated (7,600 ft2), within a fenced and secured gate access to the rental units. The business includes 1 long term tenant lease utilizing 4,788 ft2 of office space and has tenants in +85% (approx., 01 Dec 2020) of the rental storage facilities, most of whom are on auto-debit payment systems. Located next to vacant industrial land, there is the possibility for expansion (prospective buyers to do their own due diligence). Included in the business is a complete operating software system for history management, invoicing, payment management and business expense management. This location is surrounded by commercial and light industrial, yet only minutes from Kitchener and Cambridge with timely access to the GTA and border crossings.
MLS# | 40052601 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Days On Site | 30 |
Area Information | |
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Province | ON |
County | Waterloo |
City | Ayr |
Postal Code | N0B 1E0 |
Area | 16 - N. Dumfries Twp. (W. of 24 - Rural W.) |
Listing VS Median (in N0B 1E0) | |
Price: $2,675,000 low | high Med: $1,100,000 On Site: 30 low | high Med: 202 |