Long StAshville, OH 43103

  • Commercial real estate
  • 0.94 AC
For Sale
$895,000 View listing

Property Details for Long St

Lot size
0.94 AC
Property type
Commercial real estate

Description

This exceptional investment opportunity presents a portfolio of 97 storage units situated on a 0.94-acre lot at the highly visible corner of N Long Street and SR 752 in Ashville, Ohio. The property comprises four buildings, each ranging in size from 3,000 to 3,960 square feet, offering a substantial footprint for income generation. Currently boasting a remarkable 99% occupancy rate, the facility generates an approximate annual gross income of $70,000. This figure presents significant potential for growth, with opportunities to increase rental rates and further enhance net income. The property benefits from low taxes and minimal maintenance requirements, contributing to a strong return on investment. The General Business (GB) zoning designation allows for flexibility and potential future expansion. This turnkey operation is ideal for investors seeking a stable, high-performing asset with immediate cash flow and significant upside. The strategic location at a major intersection ensures high visibility and convenient access for tenants. This is a rare opportunity to acquire a well-established, high-performing storage facility in a thriving market. Financial details are available upon request.

Location Insight

City
Ashville
County
Pickaway
State
Ohio
Latitude
39.7132
Longitude
-82.9536

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