23 Mud Lake Road, Parry Sound, ON P2A 2W8, Canada
$ 2,300,000
23 Mud Lake Road
Industrial
Turnkey Self-Storage Investment with Major Expansion Potential! A rare opportunity to acquire an operating, cash-flowing facility with room for significant growth. Strategically located on the northern boundary of Muskoka, less than two hours from Toronto, this facility serves both Muskoka and the Parry Sound region with limited competition in the area. Designed for remote management, it features gated access and security cameras, making long-distance operation seamless. The Approved Site Plan allows for: Six storage buildings (21,594 SF) and an additional 3,500 SF commercial building. The facility features 24 Drive-Up Units in one building and 46 Units in portable prefab storage containers. There are at least 20 parking spots that can be used for RV and boat storage. Once fully developed and occupied, the facility is projected to generate over $480K in gross annual income at current market rates.
Source TRREB
MLS#X12083788
Listed by:ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Disclaimer
The listing data, protected by copyright by the Toronto Real Estate Board, is considered reliable but is not guaranteed to be accurate by either the Toronto Real Estate Board or Propitize.
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