For Sale

29375 Hwy 28 N/A, Faraday, Ontario K0L 1C0

$0

29375 Hwy 28 N/A, Faraday, Ontario K0L 1C0 is For Sale and has a listing price of 1,399,000. The property is located in the Bancroft neighbourhood . It's been on the website for 117 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12247700
  • Office Name RE/MAX COUNTRY CLASSICS LTD.
Property Description

“Storage in Bancroft” This well established Self Storage Rental Business has been successfully serving the Town of Bancroft and surrounding area for almost 20 years. Ideally situated on Highway 28 South for great visibility and access just 5 minutes south of Bancroft. There are a total of 100 units in 2 buildings with very few vacancies. This business virtually runs itself. All bookings and payments are conveniently made on line. Projected gross revenue for 2025 is about $136,500.00 plus HST. The NOI ( Net Operating Income) should be about $89,000.00. There is a small office, an electrical room, and a huge 32′ x 35′ double garage currently used by the owners. The garage could be converted to 4 additional rental units or rented out as-is. The site is 1.143 acres and has just been fenced in. A Phase 1 Environmental Study has just been completed.

Property Details
  • MLS ID: X12247700
  • Price: $1,399,000
  • Lot Depth: 402.64
  • Transaction Types: For Sale
  • Ref ID: X12247700
  • Year Built: N/A
  • Dir / Cross St: Highway 28 South
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
06/26/2025 X12247700 $1,499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bancroft
  • $580,683 Average List Price
    based on 1 year
  • 49 New Listings
    based on 30 days
  • 82 Median Days on Market
    based on 1 year
  • List vs. Selling Price 147.07 % Up
  • Sold (12mo) 96
  • Rented (12mo) 3

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Other
  • Taxes: $10,619
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Upon Closing
  • Listing Entry Date: 26/06/2025 18:03:43
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