MLS#202622221
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLMead
Property Description
What if your next investment offered proven cash flow today?and room to grow tomorrow? This 100% occupied storage complex sits on approximately 10 acres and generates nearly $130,000 in annual gross rental income with NOI just shy of $120,000. The property includes 27 units, highlighted by a 3,600 SF building generating $2,500/month, a 1,800 SF unit generating $2,250/month, plus 24 approximately 300 SF storage units. With long-term tenants, virtually no vacancy history, and permits already in place for additional expansion, the upside here goes well beyond todays income. Proven performance, substantial acreage, and the ability to expand well into the future?how often do you find all three in one investment?
Property Features
Property Type: Commercial - Business
Basement: See Remarks
Fenced: Yes
Garage: 4
Heating: See Remarks
Roof Type: Metal
Year Built: 2016
Feature Descriptions
Additional Structures: Workshop, Stge Shd, See Remarks
Days on Site: 15
Exterior: Steel Frame
Handicap Accessible: See Remarks
Heating/Cooling: See Remarks
Lot: Views, Level, Open Lot, Fencing
Parcel#: 37072.9030
Road Frontage: City Street, Private Road
Special View Info: Mountain(s), Territorial
Local Schools
School District: Mead
Listed By / Shown By
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agent Name: Jim Bjorklund
Agent Phone: (509) 939-4607
Agency Title: Coldwell Banker Tomlinson
Jim Bjorklund
Cell: (509) 939-4607
Email Me
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1405 W Half Moon Rd | MLS# 202622221
This commercial property located at 1405 W Half Moon Rd, Colbert, WA 99005 is currently listed for sale with an asking price of $1,300,000. W Half Moon Rd is located within the Mead school district. Search Colbert real estate on jbjorklund.cbspokane.com today.