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Retail Property For Sale at 523 WEBBER ROAD in Pelham , Ontario

New
4 Sale ID #306756
Updated 09 Dec 2024

Asking Price

$1,999,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Prime Storage Yard with High Income Potential**rnrn**Property Overview:**rnThis exceptional storage yard presents a rare opportunity for investors or business owners seeking a versatile commercial space with substantial income and income potential. (lots of room for growth) Strategically located in a high-demand area, this property is perfectly suited for various industries including construction, logistics, equipment rental, and outdoor vehicle storage. rnrn**Key Features:**rnrn- **Lot Size:** 1.6 acres of flat, usable landrn- **Location:** Wellandrn- **Expansion Potential:** Ample space to develop additional features like self storage, office units, or parking facilities to further maximize profitabilityrnrn**Income Potential:**rnThis property offers robust income-generating potential through long-term and short-term leases. The demand for outdoor and indoor storage continues to rise, particularly in growing urban and suburban areas, making this an attractive option for businesses needing flexible, off-site storage.rnrn- High-demand location in a growing area with strong commercial activityrn- Turnkey opportunity with secure, well-maintained infrastructurern- Flexibility to lease out sections to multiple tenants, increasing revenue potentialrn- Strong growth in outdoor storage demand, ensuring long-term income securityrnrnThis property is an outstanding investment opportunity for buyers looking to tap into the growing storage sector. With its prime location, extensive lot size, and existing infrastructure, this storage yard is poised to deliver consistent income and long-term appreciation. Don't miss out on securing a piece of prime commercial real estate with high-income potential! (id:39198)

  • MLS® : #X9413981
  • Date Listed : 21 Sep 2024

Location

Province

Ontario

City

Pelham

Address

523 Webber Road

Postal Code

L0S1C0

Location Highlights

N/A

Listed by

REVEL Realty Inc., Brokerage Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,800

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

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Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,999,900

Asking Price

$1,999,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,800

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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