29375 Hwy 28 N/A, Faraday, Ontario K0L 1C0 is For Sale and has a listing price of 1,499,000. The property is located in the Faraday neighbourhood . It's been on the website for 31 Days.
“Storage In Bancroft” This well established, Self Storage Rental Business has been successfully serving the Town of Bancroft & surrounding area for almost 20 years. Ideally situated on Hwy. 28 South for great visibility and access just 5 minutes south of Bancroft. There are a total of 100 Storage Units in 2 buildings with very few vacancies and a waiting list for most units. This business virtually runs Itself. All bookings & payments are conveniently made on line. Projected gross revenue for 2025 is about $137,000.00 plus HST. The NOI (Net Operating Income) is about $107,000.00. Expect a CAP Rate of over 7%. As well as the 100 Units there is a small Office & an Electrical Room, anda large Double Garage currently used by the owners. Garage measuring 32′ x 35′ could easily be converted to 4 additional rental units or rented out ‘as-is’. Note: The site is 1.143 Acres & will be fully fenced prior to closing.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 06/26/2025 | X12247700 | $1,499,000 | For Sale | - | - |
