5491 Martin Street, Graceville, FL 32440

$230,000

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Sold Price
$230,000
List Price
$299,900

Property Description

Looking for an investment opportunity with immediate cash flow? This well-maintained storage facility offers 7,000 square feet of storage space across three buildings and is currently about 80% occupied, providing steady income from day one. The property features 66 total units in a variety of sizes, including 10x20, 10x10, and 5x10 units, appealing to a wide range of tenants. Even better, there is plenty of room to expand and add additional units, giving investors the opportunity to significantly increase revenue. The fully fenced parcel adds value and flexibility, with the option for a new owner to implement controlled access or gated entry systems if desired. The subject property has already been divided from the parent parcel and includes the existing fenced area. Additional adjoining property is also available for purchase, offering even more room for expansion if desired. Also included is an old grain bin (no longer in use) and a covered pole barn with open space underneath, formerly used for grain operations--offering additional storage potential or the opportunity for creative repurposing. Whether you're looking to grow your investment portfolio or step into a turnkey income-producing property with upside potential, this one checks all the boxes!

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Listing courtesy of Elite Realty. Selling Office: Elite Realty.