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Self Storage Businesses for Sale

2 Listings Available

Price Range$0 – $6,800,000
$0$6,800,000
Self Storage Business in Gravenhurst
Self Storage

Self Storage Business in Gravenhurst

$6,700,000

Gravenhurst, ON

HIGH-PERFORMING COMMERCIAL INVESTMENT OPPORTUNITY WITH SIGNIFICANT UPSIDE. Exceptional opportunity to acquire a well-established, income-producing commercial property generating substantial annual net income, with increasing revenues and substantial potential for future expansion. Situated on an impressive 6.5-acre C3-zoned property with approximately 815 feet of road frontage, this highly visible investment enjoys excellent exposure along busy Highway 11 between Gravenhurst and Bracebridge in majestic Muskoka. The property currently features 168 rented self-storage units totaling approximately 22,351 sq. ft., plus 56 occupied outdoor storage spaces, providing multiple established and dependable revenue streams. Complementing the storage operation is a guest occupied 14-unit Extended Stay Inn totaling approximately 5,757 sq. ft., along with a 672 sq. ft. insulated workshop. Additional income is generated through roof-space rental to a solar collection company and coin-operated laundry facilities. The accommodation component includes 2 renovated apartments, heated by a forced-air natural gas furnace, as well as 12 updated housekeeping/motel-style units with upgraded electrical and plumbing services. Property amenities include an in-ground swimming pool, two wells, two septic systems, and secure perimeter fencing. With strong existing operations, established revenue streams, quality equipment and chattels included, and excellent highway exposure, this property offers a compelling combination of current income and future growth potential. There is considerable opportunity to expand both the storage facilities and Extended Stay accommodations, providing the potential to increase rental income and overall property value and/or add your enterprise. A rare opportunity to acquire a diversified commercial investment with multiple income sources, proven operating history, substantial land, excellent highway visibility, and significant room for future development.

35 days on market

Listing brokerage: Re/Max Professionals North

Self Storage Business in Kingston
Self Storage

Self Storage Business in Kingston

$6,800,000

Kingston, ON

RARE OPPORTUNITY to acquire an established, income-producing self-storage facility together with residential accommodations on an approximately 9-acre site offering convenient access to the Highway 401 corridor in Kingston. The self-storage facility includes 258 storage units with approx. 27,300 sq. ft. of total rentable storage area. All areas and unit counts are approximate and subject to purchaser verification. The offering also includes an approx. 3,000 sq. ft. residence with 4 bdrms, 2.5 bthrms and finished basement, together with an attached attached secondary suite (approx. 1,450 sq.ft.) featuring 2 bdrms and 1.5 bthrms and an attached 2-car garage. Live on site while operating the business, accommodate an on-site manager, or lease the residential components for additional income. Storage demand in the Kingston trade area is supported by household moves and downsizing, contractors and trades, seasonal and recreational storage, and small-business inventory requirements. Potential value-add opportunities include rate optimization, online rentals and automation, ancillary revenue streams, and possible additional container capacity across the expansive site, subject to purchaser verification and all required approvals. Turn-key operation with an established brand and broad tenant base, well suited to owner-operators, private investors and storage groups seeking a stabilized asset with growth potential. Sale includes the land, buildings and operating business. Detailed financial statements, rent roll and operating information are available to qualified purchasers upon execution of a confidentiality agreement. Showings by appointment only through the Listing Brokerage. Please do not attend the property unaccompanied or disturb staff, tenants or occupants of the on-site residence.

98 days on market

Listing brokerage: CENTURY 21 HERITAGE GROUP LTD.