159 Y Road Hastings Highlands, Ontario - MLS#: X8234226

$999,000

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. (id:51158)

MLS: X8234226 For sale : 159 Y RD 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. (id:51158)

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Property Details

MLS® Number	X8234226
Property Type	Industrial
Amenities Near By	Highway
Farm Type	Other
Features	Irregular Lot Size

About 159 Y Road, Hastings Highlands, Ontario

Building

Heating Type	Radiant Heat
Size Interior	8848 Sqft

Land

Acreage	No
Land Amenities	Highway
Sewer	Septic System
Size Irregular	310 X 213 Ft ; Irregular .90 Acres
Size Total Text	310 X 213 Ft ; Irregular .90 Acres

https://www.realtor.ca/real-estate/26751416/159-y-road-hastings-highlands