5554 HIGHWAY 38

Frontenac (Frontenac South), ON K0H 1V0

Exceptional multi-stream investment opportunity on a 2-acre commercially zoned property offering 3 established income sources (Car Wash/Vacuum, Storage Units, Solar Panels) with consistent year-over-year growth, strong profit margins, and significant expansion potential. Car Wash - 4 self-serve bays (2 optional drive-thru), including one oversized bay for RVs, buses, and commercial vehicles. Coin and tap-to-pay debit operated. 20-year proven track record with a recession-proof, pandemic-proof cash business model and no franchise fees. Storage Units - 14 fully rented units (2 x 10'10', 12 x10'20') with a waiting list year after year and substantial room to grow. Current storage rates are significantly below market comparables; representing an immediate value-add opportunity for a new owner. Solar: 10kW rooftop solar system currently under contract with Hydro One, with remaining term providing passive income for approximately 3 more years. Upon contract expiry, generation can be redirected to offset car wash operating costs. Everything can be remotely managed with minimal upkeep, little to no staff, 24/7 service and access. (id:31684)

Listing courtesy of: JASON BARBOSA of RE/MAX RISE EXECUTIVES, BROKERAGE

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