104 S Commercial Street, Bells, Texas, 75414

Listed by Bertholf Commercial Real Estate, Noel Cobb, 903-818-7946
$189,000
2,790 Sqft
0.21 Acres
#21421632
Excellent opportunity to acquire a self-storage facility in Bells, Texas. The property consists of 20 standard 10x10 units, three smaller units, and one 20x20 garage that is not currently leased. Over the last few months, ownership has cleaned out vacant units and re-signing tenants, renewing those who wished to stay at their existing rental rates. As a result, the currently leased units are under market value, and those tenants have intentionally been kept on month-to-month agreements. This presents the new owner the flexibility to raise rents once the vacant units are filled. At this time, 8 units are occupied and 16 are vacant, fully cleaned out, and ready to lease. None of the vacant units have been marketed yet, as ownership has prioritized the sale. Sellers will consider owner financing, please call for more information.

PROPERTY FEATURES

  • 24 Unit(s)
  • Business Type: Storage
  • Utilities : Co-op Electric
  • Parking Features: Concrete
  • Lot Features : Metal
  • Building Use : Storage Warehouse
  • Construction Materials: Metal Siding
  • Foundation Details: Slab
  • Flooring : Concrete
  • Ceiling Height : 8 to10 Feet
  • Green Verification Count : 0
  • Zoning Description : Commercial
PROPERTY DETAILS
ID: 21421632
Status: Active
Price: $189,000
Acres: 0.21 Acres
Price Per Acre: $913,043
Type: Commercial
Address: 104 S Commercial Street
City, State: Bells, Texas
County: Grayson
Zip Code: 75414
Lat/Long: 33.609568, -96.408691
Presented By: Noel Cobb
Phone: 903-818-7946
Email: Click to Contact