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1609 N Main St - 1609 N MAIN ST 10.1 Acres of Commercial Land Offered at $3,901,597 CAD in Gladewater, TX 75647

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INVESTMENT HIGHLIGHTS

GREAT LOCATION

WONDERFUL INVESTMENT OPPORTUNITY

PROPERTY FACTS

Price	$3,901,597 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use Multifamily Self Storage
No. Lots	1	Total Lot Size	10.10 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C - Commerical

Price	$3,901,597 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Multifamily Self Storage
Total Lot Size	10.10 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C - Commerical

1 LOT AVAILABLE

Lot

Price	$3,901,597 CAD	Lot Size	10.10 AC
Price Per AC	$386,296.68 CAD

Price	$3,901,597 CAD
Price Per AC	$386,296.68 CAD
Lot Size	10.10 AC

DESCRIPTION

2 SELF STORAGE FACILITIES WITH 236 TOTAL UNITS PLUS RV PARK WITH 12 RV SPACES AND TRIPLEX WITH AN EFFICIENCY APARTMENT, 1 BR 1 BATH APARTMENT AND 2 BR 2 BATH APARTMENT. GROSS INCOME POTENTIAL FOR 2023 AND 2024 WAS OVER $25,000 PER MONTH WITH LOTS OF ROOM FOR EXPANSION. ALL 3 LOCATIONS ARE ON HWY 271 WITHIN 4 MILE SECTION OF HWY. EXCELLENT RETIREMENT INCOME IN ANTIQUE CAPITAL OFEAST TEXAS. LAUNDRY ROOM ALSO INCLUDED FOR ADDITIONAL INCOME. ADDITIONAL 3.85 AC ADJOINING RV PARK AND BOTH STORAGES HAVE EXTRA SPACE FOR EXPANSION AT ALL 3 LOCATIONS

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