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$ 189,000
Est. payment /mo
New
104 S Commercial Street Bells, TX 75414
9,016 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Subdivision Duganville
MLS Listing ID 21421632
Total Fin. Sqft 2790
Year Built 2004
Annual Tax Amount $3,275
Lot Size 9,016 Sqft
Acres 0.207
Lot Dimensions 75' x 120'
Property Sub-Type Warehouse
Property Description
Excellent opportunity to acquire a self-storage facility in Bells, Texas. The property consists of 20 standard 10x10 units, three smaller units, and one 20x20 garage that is not currently leased. Over the last few months, ownership has cleaned out vacant units and re-signing tenants, renewing those who wished to stay at their existing rental rates. As a result, the currently leased units are under market value, and those tenants have intentionally been kept on month-to-month agreements. This presents the new owner the flexibility to raise rents once the vacant units are filled. At this time, 8 units are occupied and 16 are vacant, fully cleaned out, and ready to lease. None of the vacant units have been marketed yet, as ownership has prioritized the sale. Sellers will consider owner financing, please call for more information.
Location
State TX
County Grayson
Zoning Commercial
Direction From Sherman, take SH-56 (Lamar Street) east for about 12 miles. Turn right on Broadway Street, then left on Main Street, then right on Commercial Street. Property will be on your right.
Interior
Heating None
Cooling None
Flooring Concrete
Heat Source None
Exterior
Utilities Available Co-op Electric
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Metal Siding
Others
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Listed by Noel Cobb • Bertholf Commercial Real Estate