1 of 24 Photos
Price:
$234,900 
MLS #:
2427268
Lot Size:
0.18 Acres
Yr. Built:
1996
Type:
Commercial
Commercial Building - Storage Facility
Address:
123 Pine Street
Gallipolis, OH 45631
Investment Opportunity: Pine Street Storage
Looking to invest? Why struggle to build a business when you could buy an already established business? Pine Street Storage features 58 total units and is located on the outskirts of beautiful, historic Gallipolis, OH. Nearly 100% of the units are occupied, and of those 58 units, only 10 have been occupied for less than one year. The seven 10x20 units rent for $74 per month after taxes; the seven 10x15 units for $63, the thirty-one 10x10s for $53, and the eleven 5x10s for $32. Further, the option to increase annual income is present. Features include surveillance cameras, outdoor lighting, a full-perimeter 8' chain-link fence w/3-strand barbed-wire, and an automatic, key-code-activated gate to allow clients' access to the facility at their convenience. The three buildings on-site measure 20x160 (storage units building, built in 1995), 20x160 (storage units building, built in 1996), and a 26x31 block building w/garage door (which the new owner could rent to increase annual income). 82.5% of the current tenants have been renting their units for more than one year, and the lot includes some flat ground that could be used for building additional units or open-space storage. Call now!
Interior Features:
Flooring- Concrete
Exterior Features:
Close Access to Highway
Fenced- Full
Outdoor Lighting
Other Features:
Storage Facility
Utilities:
Power: AEP
Listing offered by:
Matthew Ray (License# 2019006996) with Sherlock Homes Realty, LLC
Map of Location:
Data Source: Listing data provided courtesy of: Athens County MLS (Data last refreshed: 01/25/21 6:40am) - 189

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