Address
16112 Old Statesville Road, Huntersville, NC
Price
$ 1,400,000
Property Attributes
- ID#4062262
- TypeContingent
- CountyMECKLENBURG
- CityHuntersville
- AreaMecklenburg County
- Zip28078
- StyleWarehouse/Office
- Price$ 1,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.22 Acres
Data Source:
Canopy MLS
Property Description
** BACK ON MARKET AT NO FAULT TO THE SELLER** Benjamin Self Storage is located in one of the most rapidly growing areas near downtown Huntersville. This commercial property boasts a prime location off a main road with over 20,000+ cars passing by daily. The property sits on 1.22 acres of land and includes 44 storage units with 19 parking spaces. The current occupancy rate is at an impressive 97% with only 3% vacancy, making it a highly sought-after property. Mini Self Storage facilities are a recession-proof business that offers a variety of potential uses, including storage for personal and commercial items, boats, RVs, and more. The property also offers room for expansion to add more storage units, and the current rental rates for the storage units are under market value, which provides a significant opportunity for the new owner to increase rental rates and maximize profits. This facility is an excellent investment opportunity in an area with high demand for storage solutions.
| Price History | |
|---|---|
| 8/29/2023 | Listed $1,999,000 |
| 9/26/2023 | 8% - $1,850,000 |
| 11/16/2023 | 9% - $1,699,000 |
| 12/8/2023 | 12% - $1,500,000 |
| 1/19/2024 | 7% - $1,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | Central Air |
| Utilities | Electricity Connected,Gas |
| Roof | Shingle |
| Zoning | HC |
| Construction Materials | Brick Full |
| Year Built | 1951 |
| Property SubType | Warehouse/Office |
| Gross Income | 150490 |
| County | Mecklenburg |
| Net Operating Income | 137808 |
| Operating Expense | 12682 |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Commercial |
| City | Huntersville |
| Total Units | 44 |
| Street Name | Old Statesville |
| Standard Status | Active Under Contract |
| CAR_HOASubjectTo | None |
| Construction Type | Site Built |
| Restrictions | N/A |
| Tax Assessed Value | 466000 |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| Parking Features | Assigned,Electric Gate,Keypad Entry,Parking Lot,Parking Space(s),RV Access/Parking |
|---|---|
| Lot Features | Paved |
| Water Source | City |
| Total Parking | 25 |
| Inclusions | Building,Business,Fixtures,Land |
| Lot Size Area | 1.22 |
| Foundation Details | Crawl Space |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | City Street,State Highway |
| Road Responsibility | Publicly Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 28078
Price
Visits
Year Built
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