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254-833-9639
Real Estate Company
4035 Wallace Drive, Montgomery, AL 36116
- $1,650,000
- 40,200
- SqFt
- List Price
- $1,650,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 591700
- Subtype
- Commercial Sale
- Year Built
- 1966
- Living Area
- 40,200
- MLS Area Major
- MONT-S Montgomery City
Property Description
*** EXCELLENT INVESTMENT OPPORTUNITY 10 CAP RATE *** 40,200 sq ft climate controlled industrial warehouse sitting on 5.39 fenced acres with 24/7 Video Surveillance! Established Drive In/Drive Out Vehicle Storage Facility averaging $215,000 gross revenue per year, NOI averaging $170k after expenses. Multiple Income Streams including vehicle storage inside (SOLD OUT), 18 Wheeler Parking outside (room for additional spaces), Climate Control Storage Rooms & Meeting Space! Value add opportunity with plenty of room for Boat/RV Storage expansion outside! Owner retiring and looking for a new operator to buy building and business together!
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Additional Information
- Interior Features
- Storage
- Exterior Features
- Fence
- Flooring
- Wood
- Heating
- Multiple Heating Units
- Air Conditioning
- Multi Units
- Stories
- 1
- Middle School
- ,
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