Property Description

If you’ve been looking for an investment opportunity but would prefer not to manage residential rentals, take a look at Pine Street Storage. This established business features 58 total units, 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 10×20 units rent for $74 per month after taxes; the seven 10×15 units for $63, the thirty-one 10x10s for $53, and the eleven 5x10s for $32. Additional 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 20×160 (storage units building, built in 1995), 20×160 (storage units building, built in 1996), and a 26×31 block building w/garage door (which the new owner could decide to rent if desired and 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 or open-space storage. Call today!

Property Features
Flooring- Concrete
Fenced- Full, Outdoor Lighting, Close Access to Highway
Slab on Grade, Concrete Block
Concrete Block
Power: AEP
Metal
Other
Matthew Ray
Sherlock Homes Realty, LLC

Commercial building For Sale

123 Pine Street Gallipolis, Ohio 45631

0.18 Acre
$249,900
Basic Details
Year Built : 1996
Lot Size : 0.18 Acre
Annual Taxes : TBD
Address : 123 Pine Street Gallipolis, Ohio 45631
Price : $249,900
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