43 Horizon Drive photo 11 / 10

MLS #1286952

43 Horizon Drive

Holyrood

$2,500,000

50,000 sqft
Office
Source Listing

Property Details

Located in the thriving Blue Ocean Industrial Park just off Liam Hickey Drive in Holyrood, this 4.5-acre commercial property presents an exceptional opportunity for investors or business owners seeking growth and low-maintenance income. With quick access to the TCH, two industrial ports within 30 minutes, and an international airport just 25 minutes away, the location is ideal for regional or global logistics. The site includes two cold storage warehouse buildings—one 24,000 sq ft (100’x240’) and the other 26,000 sq ft (100’x260’)—totaling 50,000 sq ft of commercial space. Each building offers 50-foot-wide bays that accommodate five rows of RV, boat, or recreational vehicle storage. Featuring 14.5-foot ceiling heights, 13.5’ x 14’ overhead doors, wood framing, metal siding and roof, skylights for natural light, and concrete slabs on 4-foot frost walls, the structures are optimized for durability and function. Currently operating as a cold storage facility with basic electrical and security system capabilities, the property has no water or sewer services and is unheated, offering a straightforward, hands-off business model. The facility benefits from a stable and reliable customer base for RV, boat, and recreational vehicle storage, providing consistent revenue and minimal management. With Holyrood’s growing reputation as a hub for commercial and industrial expansion, this adaptable site is a rare find with enormous potential for continued use or further development. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$2,500,000
Down Payment - 20%$500,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$14,256

Mortgage Payment
$11,985
Property Tax
$1,771
Insurance
$150
Utilities
$350
Down Payment
$500,000
Loan Amount
$2,000,000
Total Interest
$1,595,486

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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