$140,000
$140,000
For more information regarding the value of a property, please contact us for a free consultation.
4,800 SqFt
SOLD DATE : 04/24/2025
Key Details
Sold Price $140,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $29
MLS Listing ID S48236
Sold Date 04/24/25
Originating Board hmls
Year Built 1970
Annual Tax Amount $4,368
Lot Size 0.436 Acres
Acres 0.43618
Lot Dimensions 100.0x190.0
Property Description
A well-structured cinderblock storage complex encompassing a main office (20x40) that includes a half bath, 3 - 10x10 units, 14 - 10x20 units, 2 - 20x20 units, and 4 convenient 5x10 units. These units are undergoing a substantial refurbishment with fresh paint and new facia, along with repairs to rain gutters and downspouts, enhancing their appeal and functionality. Adding to the overall value, the owner has installed exterior security lights, fence, and doors. Soon to come will be video cameras and updated locks to ensure maximum security. The facility benefits from additional security provided by Eagle Security at Acme Foundry. Considering the financial aspects, the absence of other storage units in Coffeyville makes this property a highly desirable asset. The rental income is projected to range between $2,075 - $2,585, creating a steady stream of revenue. Currently, there are three tenants occupying six units, paying discounted rates until the renovation is complete. Upon completion, the facility is expected to generate a significant return on investment.
Location
State KS
County Montgomery
Interior
Fireplace N
Exterior
Parking Features false
Utilities Available Other
Roof Type Metal
Building
Story 1
Sewer Public Sewer
Structure Type Frame
Schools
School District Usd 445 - Coffeyville
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

GET MORE INFORMATION
Broker Associate | License ID: BR00224533