For Sale
$211,000

29765 State Highway 59 Wayne, OK 73095

High-Occupancy Storage Units, Great ROI

Overview

Added:
Feb 3
Days on market:
80
This exceptional investment opportunity encompasses a well-established storage unit facility located at 29765 State Highway 59, Wayne, OK. The main property, totaling 4,320 square feet on a 0.3-acre lot, is currently listed at $211,000 and must be purchased in conjunction with three additional properties (MLS#s 1148419, 1148417, & 1148416). Together, these four properties comprise a substantial 200-unit storage complex situated on a combined 2.87 acres. The complex boasts an impressive average occupancy rate of 95%, demonstrating strong and consistent rental income. A significant portion of the storage units have been constructed within the last 2-5 years, indicating recent upgrades and modern amenities. On-site improvements include a 30x30 shop building, providing additional storage or workspace potential. Furthermore, four of the 15x40 units are equipped with electricity, offering enhanced appeal to renters. This turnkey operation presents a rare chance to acquire a profitable and well-maintained storage facility in a prime location, just east of I-35 and conveniently accessible from Highway 59. The high occupancy rate and recent construction suggest a strong potential for continued growth and return on investment.

Property Details for 29765 State Highway 59

Property type
Commercial real estate
Square Feet
4,320 SF
Year Built
1998
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Wayne
County
McClain
State
Oklahoma
Latitude
34.9139
Longitude
-97.32273

FAQs

What type of property is this?
Commercial real estate - High-Occupancy Storage Units, Great ROI
Where is the commercial real estate located?
The property is located at 29765 State Highway 59 Wayne, OK.
What is the asking price?
The asking price for this property is $211,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
29765 State Highway 59
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message