$519,000
Hastings Highlands
38780 C Highway No. 62 Highway, Hastings Highlands (Bangor Ward), Ontario, K0J1L0
This industrial property in Hastings Highlands is for sale. It has been on the market 13 days, fresher than the Hastings Highlands average of 216 days.
An excellent opportunity to expand your investment portfolio with Combermere Self Storage, an established, income-producing storage facility situated on approximately 1.62 acres along Highway 62, just 2.7 km west of Combermere. This operating business features two storage buildings offering a total of 39 units in a variety of sizes, including fifteen 10' x 20' units, eighteen 10' x 10' units, and six 5' x 10' units, one of which is currently utilized as an office. Two additional 20-foot sea containers provide further storage capacity, while a secure, fenced outdoor storage area accommodates boats, RVs, trailers, and other recreational vehicles.Recent property improvements include new exterior LED lighting installed in 2026, landscaping and grounds maintenance, and the repositioning and elevation of the sea containers onto a newly prepared gravel foundation. The property offers convenient highway access, a spacious gravel driveway with a circular drive for easy maneuvering, and ample room for potential future expansion.With an established customer base, multiple rental income streams, and opportunities to increase revenue through available rental spaces and future development, this property offers considerable investment potential. Its convenient location serves Combermere and surrounding communities, with growing demand for storage of household belongings, seasonal equipment, recreational vehicles, and business supplies.Whether you're looking to add to an existing portfolio or enter the self-storage market, this property offers an established operation with room to grow. Any proposed expansion or additional uses are subject to verification of zoning, permitted uses, and required approvals with the Township.Financial information is available to qualified buyers upon execution of a Non-Disclosure Agreement (NDA). (id:66096)
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 216 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 65 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 91.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This industrial in Hastings Highlands (Bangor Ward) has been listed for 13 days, which is 203 days fresher than the city average of 216. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $519,000, about 6.8× the local median household income of $76,000.
Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
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