21-29 Horizon Drive Holyrood, Newfoundland & Labrador a0a 2r0

$1,900,000

Just 1.5 km from the Trans-Canada Highway via Liam Hickey Drive, this brand-new, fully operational storage facility is a rare opportunity for investors or entrepreneurs seeking a low-maintenance, income-generating business. Currently serving as a Storage Mall and outdoor parking site for RVs, boats, trailers, and more, the facility is built for steady, scalable income with minimal oversight. The property features three steel-frame buildings totaling 18,000 sq ft, thoughtfully designed for accessibility and use. Sitting on a 4.1-acre lot, it comes with pre-approval from the Town of Holyrood for the addition of up to eight buildings, offering strong future growth potential. Gated keypad entry, 24/7 video surveillance, and unrestricted client access provide peace of mind for customers. The facility includes 162 rentable units: eighteen 5x10 units at $119.99 plus HST, thirty-nine 10x10 units at $179.99 plus HST, thirty-six 10x15 units at $219.99 plus HST, thirty-nine 10x20 units at $249.99 plus HST, and thirty outdoor parking spots at $100 plus HST. The simple, competitive pricing model has driven steady demand. The facility has the potential to generate approximately $29,848.68 in gross monthly income, with an annualized gross revenue of $433,033.00. This turnkey operation allows immediate revenue with an established client base and professional systems already in place. Strategically located just minutes to the highway, 25 minutes to St. John’s International Airport, and close to multiple industrial ports, it offers unbeatable access for a broad client base. With approvals in place for expansion, this facility is ready for long-term growth in one of Newfoundland’s fastest-growing industrial parks. (id:47656)

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https://www.realtor.ca/real-estate/28224105/21-29-horizon-drive-holyrood