159 Y Road, Hastings Highlands | Image 1

159 Y Road

Hastings Highlands

  • Commercial

$999,000
For Sale

Added 2 weeks ago

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  • Type: Industrial

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: Urban Industrial

  • Age: 16-30 years

  • Taxes: 8561.82

  • MLS®#: X8234226

  • Days on Site: 2 Days

  • Added: Apr 15, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RIGHT AT HOME REALTY

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.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Industrial

  • Property Type: Free Standing

  • Age: 16-30

  • Area: Hastings Highlands

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Well

  • Amps: 200

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 4 CON 2 HERSCHEL PT 1 21R11523; HASTINGS HIGHLANDS ; COUNT

  • Taxes: $8,562

  • Taxes Type: Annual

Land

  • Cross Street: Hwy 62N And Y Road

  • Municipality District: Hastings Highlands

  • Sewer: Septic

  • Lot Depth: 213 Feet

  • Lot Frontage: 310 Feet

  • Lot Irregularities: Irregular .90 Acres

  • Zoning: Urban Industrial

Additional Media

  • Virtual Tour: https://www.youtube.com/watch?v=nNnaCCgaV4k

Shipping Doors

  • Drive Height (ft): 10

  • Drive Width (ft): 10

  • Clearing Height (ft): 13

Commercial Specific

  • Shipping Doors Drive In Level: 2

  • Rail: N

  • Retail Area Metric: Sq Ft

  • Total Area: 8848

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 8438

  • Industrial Area Metric: Sq Ft

  • Office Size: 410

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Lot Code: Lot

  • Survey: Y

See 3D Tour of 159 Y Road, Hastings Highlands
Video Tour
JK-3

Cardiff Elementary School

Elementary: Public
13.36 km
JK-6

Coe Hill Public School

Elementary: Public
26.48 km
JK-6

Maynooth Public School

Elementary: Public
15.38 km
JK-6

Birds Creek Public School

Elementary: Public
1.66 km
JK-8

Our Lady of Mercy Catholic School

Elementary: Catholic
5.14 km
JK-8

York River Public School

Elementary: Public
6.06 km
9-12

North Addington Education Centre

Secondary: Public
63.70 km
9-12

Norwood District High School

Secondary: Public
79.66 km
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Madawaska Valley District High School

Secondary: Public
46.02 km
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Haliburton Highland Secondary School

Secondary: Public
49.91 km
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North Hastings High School

Secondary: Public
4.97 km
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Centre Hastings Secondary School

Secondary: Public
73.85 km
For Sale
2 months ago
$929,000
  • 0 bath
  • 0 bed

29640 Highway 62 N, Bancroft, Ontario • K0L 1C0 • Bancroft

For Sale
1 month ago
$849,900
  • 0 bath
  • 0 bed

29620 Highway 62 North, Hastings Highlands, Ontario • K0L 1C0 • Hastings Highlands