For Sale
$525,000

6978 State StHermitage, PA 16148

High-Cashflow Storage Business, Expansion Potential

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents an 84-unit storage facility ideally located at 6978 E State St, Hermitage, PA. Situated on a sizable 3.12-acre lot, this property boasts a proven track record of strong cash flow and low overhead expenses, making it an attractive proposition for discerning investors. The existing facility offers 84 individual storage units, providing a substantial revenue stream. The property's strategic location ensures high traffic counts, maximizing visibility and accessibility for customers. Further enhancing its profitability, the property generates additional income through ground leases for storage sheds and billboard advertising. This diversified income stream contributes significantly to the overall return on investment. The ample land provides significant potential for future expansion, allowing for the addition of more storage units or other complementary businesses to further increase revenue. This turnkey operation is ready for immediate ownership and offers a rare chance to acquire a well-established, profitable business with considerable growth potential in a desirable location. Financial records demonstrating the consistent cash flow are available upon request. This is a unique opportunity to acquire a stable and expanding business with multiple income streams. The property's strong performance history and expansion possibilities make it an exceptional investment in the thriving Hermitage market.

Property Details for 6978 State St

Property type
Investment properties
Lot Size (sq. ft)
135,907 SF

Location Insight

City
Hermitage
County
Mercer
State
Pennsylvania
Latitude
41.23655
Longitude
-80.37836
6978 State St, Hermitage, Pennsylvania

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6978 State St
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