17 Alexander Rd
Newmarket, L3Y3J2
UNAVAILABLE
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With Property
CATEGORY19,203 Sq Ft
TOTAL AREAN4898892
MLSIDContact Us
Property Description
Fabulous Multi-Stream Investment Opportunity In York Region. Minimal Hands-On Requirement From Owner. 7 Bay Self Serve Coin Car Wash (Include 2 Truck Wash Bays), 1 Leased Commercial Retail Unit. 5 Leased Residential Units (All 1 Bedrooms), 2 Storage Units (1 Leased).Clean Phase 2 Esa 2018 On File *** Being Offered At A 6% Cap Rate***
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Extras
Roofs Replaced 2013/2014, Mark 7 With Vfd Drive Powered System For Auto Wash (2017), Remote Monitored Payment System, High Pressure Fresh Water System. Legal Nonconforming Use.
Property Details
Category
With Property
Usage
Car Wash
Zoning
Cs (Service Commercial)
Total Area
19,203 Sq Ft
Office/Apartment Area
2,045 Sq Ft
Retail Area
900 Sq Ft
Industrial Area
3,500 Sq Ft
Lot Size
137' x 141'
Taxes
$18,305 (2019)
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Listing contracted with Coldwell Banker - R.M.R. Real Estate, Brokerage
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A remarkable opportunity for a diversified investment awaits in the York Region! This property boasts a 7 bay self-serve coin car wash with two truck wash bays, a profitable laundromat, a leased commercial restaurant, & five leased residential units. Additionally, it includes detailing unit and one leased storage unit. A clean Phase 2 ESA (2018) on file for reference. This investment requires minimal hands-on and offered at a favourable cap rate. Don't miss out!
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