Property Use Type: Investment
Primary Type: Industrial
Self/Mini-Storage Facility
Building Size: 10,480 SF
Lot Size: 0.58 Acres
Price: $435,000
Price/SF: $41.51
Year Built: 1970
Property Description:
STORAGE FACILITY
Total of 10,480 sq ft in 3 buildings
Building #1: 3,280 sq ft with 22
storage units, lobby/sales area, office, 2 bathrooms
+ attic. Newer heat pump, New metal roof. Conversion
to storage summer 2007.
Building #2: 5,000 sq ft newer
building divided into 4,000 sq ft of climate
controlled storage units (43 units with 80%
occupancy). 2 Heat pumps. 1,000 sq ft has 2 rooms of
office space plus warehouse with high ceilings and
garage door, bathroom. It has its own heat pump and
separate facilities. Presently leased.
Building #3: When completed
summer 2007 this 2,700 sq ft building will have
approx 25 non climate units.
All total there will be 90 units
with an equal mix of climate and non climate +
offices, warehouse space and additional paved
parking for boats and RVs.
This .58 acre is level and paved
with easy access. It is conveniently located at the
corner of a major street 2 blocks off I-26 near
downtown Johnson City, TN
Location Description:
Corner of East Chilhowie Avenue and North Roan
Street. Expenses include: taxes 2500 yr, insurance
800 yr, electric 1200 yr, water sewer and garbage
250 yr, telephone 600 yr, and advertising 1200 yr.
• Great location close to
everything
• Self Storage one of the
best and secure investments in America today
• Low Maintenance
