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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 189,000

Est. payment | -/mo

2,790 SqFt

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$ 189,000

Est. payment | -/mo

Save Virtual Tour

2,790 SqFt

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $67

Subdivision Duganville

MLS Listing ID 21076532

Construction Status Resale

HOA Y/N No

Year Built 2004

Annual Tax Amount $3,275

Lot Size 9,016 Sqft

Acres 0.207

Lot Dimensions 75' x 120'

Property Sub-Type Warehouse

Property Description

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, estimated to rent for around $300 per month. Over the last few months, ownership has focused on cleaning 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.

Location

State TX

County Grayson

Zoning Commercial

Direction From Sherman, take SH-56 (Lamar Street) east for about 12 miles. Turn right on Broadway Street, then left on Main Street, then right on Commercial Street. Property will be on your right.

Interior

Heating None

Cooling None

Flooring Concrete

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Concrete

Utilities Available Electricity Available

Roof Type Metal

Private Pool No

Building

Story 1

Foundation Slab

Construction Status Resale

Others

Tax ID 138346

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21076532

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

104 S Commercial ST Bells, TX 75414

GP Theriot IV

Key Details

Location

Interior

Exterior

Building

Others

104 S Commercial ST