774312 Highway 10

Prime Investment and Development Opportunity in Flesherton, Ontario. The Subject Property site is located in a Northwest Flesherton industrial area, just southwest of Highway 10. The Subject Property is improved with a 14,752 SF self-storage facility. It features three purpose-built self-storage buildings (2 built, 1 assumed built) and 18 portable units. Approx. 94 total rental units. Units are not climate-controlled. The site is irregular shaped with approximately 1,622 feet on the southeast side of Lagoon Road, with depth up to 1,300 feet, and a total site area of approx. 81.13 Acres. Total Site Area breakdown: 76.38 Acres - deemed excess land - 73.47 Acres - Unregulated and fully developable excess land - mainly industrial/commercial development land. - 4.75 Acres - Site are attributed to self-storage facility. Three purpose-built buildings are of 2006,2022 and assumed 2023 construction - Two measure approximately 39.75 ft x 103.75 ft - 4,124 SF of building area - One measure approximately 40 ft x 100 ft - 4,000 SF of building area built 2006 - Approximately 12,248 SF building area within the buildings, including an office/washroom in the 2006-built building. Self-Storage Facilities: Approx. 107 storage units, various building plans and unit mixes. 107 units Breakdown: 18 portable units (8x12 ft) with approximately 1,728 SF of building area, all built 2021 or newer - 5x10 non-climate - 15 units - 6x10 non-climate - 8 units - 8x12 non-climate - 32 units - 10x15 non-climate - 7 units - 10x20 F Units - non-climate - 23 units - 10x25 non climate - 7 units - Exterior lighting, no fencing or gate gravel-paved site and driveways. Zoning: C2-168/C2-168-h - Service and Highway Commercial Zone D-093 - Development Zone. Asking Price: $4,999,000. Seller may entertain a Seller Take Back Mortgage on a portion of the property. For the Self-Storage income and expense details/rent roll etc. and further development documents.