$1,600,000

40 W ST Highway 92, Newton AL, 36352

Property typeCommercial

Overview

Active

Updated 11h ago

This well-positioned storage and commercial property offers strong current income with significant upside potential. Located in a high-traffic corridor in a rapidly growing area between Dothan and Enterprise, the site is ideally situated for continued demand and visibility. The property features an established storage facility with 80 rental units and additional capacity to increase occupancy and revenue. Complementing the storage business is an impressive 10,000 sq ft shop building equipped with two bathrooms, a shower, office space, and a showroom floor - ideal for a wide range of commercial or industrial uses. The property also includes two additional build-ready pads, providing excellent expansion opportunities for additional storage units or other improvements as demand grows. Additional land may be available, further enhancing the long-term potential of this investment. Divisions might be considered. This is a versatile property with immediate cash flow and room to scale.

Courtesy of National Land Realty, Southeastern Alabama with ,
Listing Contact:

Based on information from State Listings, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor American Pride Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.