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$189,000

Est. payment - /mo

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9,016 Sqft Lot

Active Option Contract

104 S Commercial Street Bells, TX 75414

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active Option Contract

Purchase Type For Sale

Subdivision Duganville

MLS Listing ID 21076532

Total Fin. Sqft 2790

Year Built 2004

Annual Tax Amount $3,275

Lot Size 9,016 Sqft

Acres 0.207

Lot Dimensions 75' x 120'

Property Sub-Type Warehouse

Property Description

Excellent opportunity to acquire a self-storage facility in Bells, Texas. The property consists of 20 standard 10x10 units, three smaller units, and one 20x20 garage that is not currently leased, estimated to rent for around $300 per month. Over the last few months, ownership has focused on cleaning out vacant units and re-signing tenants, renewing those who wished to stay at their existing rental rates. As a result, the currently leased units are under market value, and those tenants have intentionally been kept on month-to-month agreements. This presents the new owner the flexibility to raise rents once the vacant units are filled. At this time, 8 units are occupied and 16 are vacant, fully cleaned out, and ready to lease. None of the vacant units have been marketed yet, as ownership has prioritized the sale. Sellers will consider owner financing, please call for more information.

Location

State TX

County Grayson

Zoning Commercial

Direction From Sherman, take SH-56 (Lamar Street) east for about 12 miles. Turn right on Broadway Street, then left on Main Street, then right on Commercial Street. Property will be on your right.

Interior

Heating None

Cooling None

Flooring Concrete

Heat Source None

Exterior

Utilities Available Co-op Electric

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Metal Siding

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21076532

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Noel Cobb • Bertholf Commercial Real Estate

104 S Commercial Street Bells, TX 75414

James Biedenharn

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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104 S Commercial Street