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970 Highway 7 Highway Otonabee-South Monaghan, Ontario K9J 6X7

1 ac
Forced Air Acreage

$1,700,000

Excellent Opportunity To Acquire A Well-Established Profitable Business On Busy Highway 7 (Trans-Canada Highway) Just East Of The City Of Peterborough. Family Owned For 40 Years. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years. Huge Upside Potential, Below Market Rents With Room To Expand To Increase Revenue. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices. (id:41954)

Business

Business Type Transportation and Warehousing
Business Sub Type Storage/Mini
Name Unicell MiniStorage

Property Details

MLS® Number X12391739
Property Type Business
Community Name Otonabee-South Monaghan

Building

Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1 Ac

Land

Acreage Yes
Sewer Septic System
Size Depth 245 Ft
Size Frontage 237 Ft
Size Irregular 1.32
Size Total 1.32 Ac
Size Total Text 1.32 Ac
Zoning Description Gc

https://www.realtor.ca/real-estate/28836908/970-highway-7-highway-otonabee-south-monaghan-otonabee-south-monaghan

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