For Sale
$49,000

401 2Nd St Steele, MO 63877

High-Yield Storage Units, Great ROI

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity in Cooter, Missouri, presents a 0.16-acre commercial land parcel at 401 2nd St, zip code 63877. The property encompasses a 1,200 square foot building currently configured as a thriving storage facility. The existing setup includes fourteen rental units, generating immediate passive income. Ten units measure 10x10 feet, while four units are 5x10 feet in size. This turnkey operation offers a significant advantage for investors seeking established revenue streams. The property's location in Cooter, Missouri, provides convenient access to local businesses and residents. The asking price for this income-producing asset is $49,000. This represents a compelling entry point into the commercial real estate market, ideal for both seasoned investors and those seeking to diversify their portfolios. The property's current tenant occupancy ensures a steady cash flow, minimizing vacancy risks and maximizing return on investment. This is a rare chance to acquire a well-established, profitable business in a desirable location. The property is zoned for commercial use and offers significant potential for future expansion or redevelopment. Serious inquiries are encouraged.

Highlights

  • $49,000 asking price.
  • 0.16-acre lot with 1,200 square feet of building area.
  • Special purpose commercial property in Cooter, MO.
  • Currently generating passive income from 14 storage units (10 - 10x10 units, 4 - 5x10 units).
  • Located at 401 2nd St, Cooter, MO 63877.

Property Details for 401 2Nd St

Property type
Specialty properties, Land
Square Feet
1,200 SF
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Steele
County
Pemiscot
State
Missouri
Latitude
36.1109624
Longitude
-89.8317729

FAQs

What type of property is this?
Specialty property - High-Yield Storage Units, Great ROI
Where is the specialty property located?
The property is located at 401 2Nd St Steele, MO.
What is the asking price?
The asking price for this property is $49,000.
What are key features of this property?
This property features: $49,000 asking price.; 0.16-acre lot with 1,200 square feet of building area.; Special purpose commercial property in Cooter, MO.
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.
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401 2Nd St
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