For Sale
$180,000

224 Main StMerrill, OR 97633

Profitable Storage Facility, Great ROI

Overview

Added:
Feb 3
Days on market:
65
This exceptional investment opportunity presents a recently constructed commercial storage facility located at 224 N Main Street, Merrill, Oregon. The property encompasses a 0.14-acre lot and houses a total of 22 individual storage units, generating consistent rental income. Sixteen larger units command a monthly rent of $80 each, while six smaller units rent for $50 per month. This translates to a substantial monthly revenue stream. Adding to the income potential is a three-space covered parking area, with each space currently leased at $50 per month. The property's recent construction ensures minimal maintenance needs and a long lifespan for the investment. The location in Merrill, Oregon, offers convenient access for local residents and businesses seeking storage solutions. This turnkey operation presents a rare chance to acquire a profitable, established business with immediate cash flow. The property's strong rental history and high occupancy rates make it an attractive investment for both seasoned and novice investors seeking a stable and rewarding venture. The current rental income provides a solid foundation for future growth and potential expansion. This is a prime opportunity to capitalize on the growing demand for storage space in a thriving community. Serious inquiries are encouraged to explore this lucrative investment further.

Property Details for 224 Main St

Property type
Year Built
2021
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Merrill
County
Klamath
State
Oregon
Latitude
42.02546
Longitude
-121.6006
224 Main St, Merrill, Oregon

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224 Main St
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