For Sale
$118,000

2091 State StSuperior, WI 54880

High-yield storage units & garages.

Overview

Added:
Feb 3
Days on market:
63
This exceptional investment property, situated on a sizable 0.61-acre corner lot in the heart of Oliver, Superior, Wisconsin, presents a rare opportunity for savvy investors. The property features a main storage building comprising twelve individual units, eight measuring 10'x10' and four measuring 5'x10'. All units are currently leased on a month-to-month basis, offering immediate cash flow and flexibility. Adding to the income potential, a two-car garage has been cleverly subdivided to create two additional rental spaces. Further enhancing the property's income-generating capabilities is a 20'x10' metal storage container, also available for lease. Currently generating $950 per month in rental income at existing rates, a market analysis suggests significant potential for increased revenue through adjustments to rental pricing. The property's low-maintenance design and established tenant base make it an ideal "plug-and-play" investment, requiring minimal effort to manage and maximize returns. The property's prime location and diverse rental options ensure a strong and stable income stream. This is a turnkey investment ready for immediate income generation. Don't miss this chance to acquire a profitable and easily managed commercial property.

Property Details for 2091 State St

Property type
Year Built
2015
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Superior
County
DOUGLAS
State
Wisconsin
Latitude
46.65643
Longitude
-92.19832
2091 State St, Superior, Wisconsin

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2091 State St
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