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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Sale | Sub Type: | MLS Number: | 9994152 | |
| Living Area: | 0 | Lot Acreage: | 1 | Year Built: | 1980 |
| Elementary School: | Middle School: | High School: |
Property Description
GREAT investment opportunity!! Here you have a storage facility with major expansion, development, and passive income potential.
This 35-unit storage facility (varying sizes) offers immediate and consistent cash flow in a great location. 34 units are currently rented, while one is being cleaned out. The potential to expand by approximately 60 additional units or other business ventures, offers a clear path to significantly increase income.
Designed for passive ownership and minimal upkeep, this property consists of well-maintained metal buildings and public water. sewer, and power that could be utilized.
With strong local demand and limited competition, the existing units maintain steady occupancy, while the expansion potential creates an exceptional opportunity to scale revenue. There is enough room to add a whole row of units in the back, as well as other areas. In addition to adding more units, the property offers potential additional income streams, such as a car wash (which it has previously served as), laundromat, vending machines, or other complementary services (subject to approvals).
Further upside includes the ability to increase rents to market rates and/or introduce utilities to enhance value and attract additional tenant demand.
Whether you're looking for a low-maintenance, income-producing asset or a property with significant long-term growth potential, this opportunity delivers both.
Listing Status
Active
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More Listing Info
AC:None11 true Business Type:Other33 true Contract Info:Foreclosure No Development Status:Finished Lot(s) true Electric Service:Other34 true Exterior Finish:Metal Siding true General Property Description:Acres 0.83 General Property Description:Annual Lease 0.0 General Property Description:HOA YN No General Property Description:Lease No General Property Description:Lot Size2 .8333 General Property Description:Total SqFt Finished 0.0 General Property Description:Total SqFt Unfinished 3756.0 General Property Description:Zoning2 M-1 Heating:None7 true Info Available:Other29 true Location Tax Legal Info:City Taxes 2412.9 Location Tax Legal Info:County Taxes 0.0 Other Equipment:Garage Bay(s) true Property Condition:Average true Remarks Misc:Directions3 From John I. Burton High school follow Kentucky Avenue. Property is on the left. Sign on building. Remarks Misc:Public Remarks7 GREAT investment opportunity!! Here you have a storage facility with major expansion, development, and passive income potential. This 35-unit storage facility (varying sizes) offers immediate and consistent cash flow in a great location. 34 units are currently rented, while one is being cleaned out. The potential to expand by approximately 60 additional units or other business ventures, offers a clear path to significantly increase income. Designed for passive ownership and minimal upkeep, this property consists of well-maintained metal buildings and public water. sewer, and power that could be utilized. With strong local demand and limited competition, the existing units maintain steady occupancy, while the expansion potential creates an exceptional opportunity to scale revenue. There is enough room to add a whole row of units in the back, as well as other areas. In addition to adding more units, the property offers potential additional income streams, such as a car wash (which it has previously served as), laundromat, vending machines, or other complementary services (subject to approvals). Further upside includes the ability to increase rents to market rates and/or introduce utilities to enhance value and attract additional tenant demand. Whether you're looking for a low-maintenance, income-producing asset or a property with significant long-term growth potential, this opportunity delivers both. Restrictions:Other37 true Road Access:City Street true Roof:Metal3 true Sale Includes:Other38 true Sewer:At Road true Sewer:Public Sewer true Water:At Road2 true Water:Public true Videos: (none) Virtual Tours: (none)
Listing Courtesy:
ReMax Cavaliers Wise
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