Price Reduced Listing
$205,000
( )
 $1,100 est/mo Sourced by Back At You

138 N Chamberland Street , Fremont, IA 52561

Fremont, IA 52561

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Description

Pleased to offer the Fremont Self Storage facility, located in Mahaska County in Fremont, Iowa. The property is situated on Highway 23, near Casey's General Store on the east side of the Fremont City Limits. Fremont Self Storage is a longtime establishment of the town of Fremont and offers an immediate return on investment, as well as opportunities to convert the buildings to multiple new commercial uses. The facility features a 30' x 100' mini storage building, consisting of (20) 10' x 15' units with manually operated overhead doors and ample parking space for accessing each unit. 17 of the 20 units are currently leased on a month-to-month basis. Additionally, oversized storage is offered via the 60' x 100' post frame building, featuring 16' sidewalls and two 14' overhead doors for entry and exit. 16 tenants currently occupy the building, with executed leases in place and renewing on an annual basis. The current leases will expire on November 1st, 2024, allowing a new owner to renew the leases or utilize the building themselves. This facility is an excellent opportunity for a seasoned or beginning investor looking to expand their holdings into the self-storage space. Potential for immediate upside is offered with the implementation of new leases and proper advertisement of the product offering. A principal of the Selling Entity holds an active real estate license in the State of Iowa.

Details

MLS#698952
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site85
Listing Provided ByPeoples Company | Sickels, Jake

Features

ZoningC
The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Listings Checked: 4 minutes ago
StateIA
CountyMahaska
CityFremont
Zip Code52561
AreaFremont
Listing VS Median (in 52561)
Price:
$205,000
low | high
Med:
$0
On Site:
85
low | high
Med:
Sourced by Back At You
Listing Updated: October 2, 2024 at 8:05:46 AM PDT