ENHOUZ™Business Marketplace
Commercial Property · For Sale

5940 Highway 129, Cleveland Active

3 views · 1 this week

Asking price
$450,000
Price / SF
$102.27
Cap rate
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Sale type
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Property type
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Property subtype
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Building class
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Building size
4,400 sq ft
Year built
2000
NOI
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Tenancy
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Building height
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Building FAR
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Lot size
3.42 acres
Zoning
C1
Frontage
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Listing #
EN-1602
MLS #
10478629

Presenting an exceptional investment opportunity, this 20-unit storage complex offers great potential for steady income and growth. The property consists of 10x10 storage units, strategically designed with front and back access for maximum convenience. These units are ideal for a variety of storage needs and already have a strong income stream. In addition to the storage units, the property includes two separate, spacious shops, each approximately 1,200 sqft. Each shop features a generous 30x40 roll-up door, making it perfect for larger storage needs or a variety of business uses. One of the shops comes equipped with an HVAC system and office space, providing a comfortable environment for operations. With current occupancy already in place, there is significant upside potential for increased income through marketing and advertising efforts to reach full occupancy. With a bit of attention, this property could easily be at 100% capacity, increasing its value and cash flow. There is also the potential to expand by adding more units, subject to county verification. This provides an additional layer of growth for the savvy investor. Don't miss out on this solid investment opportunity with built-in income and the potential for growth. Call today to schedule a viewing and explore the full potential of this property!

Location

GAMLS
Listed by RE/MAX Signature
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10478629

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