42 mini storage units, 4200 sq.ft. warehouse under lease and 6400 sq.ft. retail or flex space currently available for lease. City water and sewer but located just outside of town. Mini-storage is gated and secure. 2 existing curbs cuts onto Rt. 113/Dupont Highway. Great exposure, visibility and access. Current income is $53,591. Potential income is $148,357 (11% CAP Rate).
Owner does not market the mini-storage and current vacancy is about 40%. The 6600 sq.ft. flex/retail building could be converted to climate controlled mini-storage. Estimated rental rate as is would be $10.50 +/- per sq.ft. If renovated/updated, this rate would be more in the $12 -$14 range depending on the level of finish.
The income description goes here to explain
List Price | $1,250,000 |
Property Type | Retail |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 9999 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 53309.0027.00 |
MLS # | DESU2074878 |
Property ID | 321076744 |
Lot Sqft | 54,450 |
Zoning | C-1 |
Total Units | 4 |
Days on Market | 50 |
Original List Price | Unknown |
Date Updated | November 27, 2024 |
Date Created | November 21, 2024 |
Financials not available online. Please inquire with your agent for more details.
Florence Brotzman an agent of .
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