5554 Highway 38 Frontenac, Ontario K0H 1V0

2,600 sqft
None No Heat Acreage

$1,449,900

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 yearand 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 solarsystem currently under contract with Hydro One, with remaining term providing passive incomefor approximately 3 more years. Upon contract expiry, generation can be redirected to offsetcar wash operating costs. Everything can be remotely managed with minimal upkeep, little to no staff, 24/7 service and access. Contact agent for full details (id:28469)

Business

Business Type Automobile
Business Sub Type Car wash

Property Details

MLS® Number X12944740
Property Type Business
Community Name 47 - Frontenac South

Building

Age 6 To 15 Years
Cooling Type None
Heating Type No Heat
Size Interior 2,600 Sqft

Land

Acreage Yes
Sewer Septic System
Size Depth 250 Ft
Size Frontage 350 Ft
Size Irregular 2.005
Size Total 2.005 Ac
Size Total Text 2.005 Ac
Zoning Description Uc-15

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Jason Barbosa
Salesperson

(613) 888-6567
www.remaxrise.com/

RE/MAX Rise Executives, Brokerage
110-623 Fortune Cres
Kingston, Ontario K7P 0L5

(613) 546-4208
www.remaxrise.com/