Investment Property/Commercial Growth Potential in rapidly growing Box Elder SD. Owner has been operating this as a 57 Unit Storage Business with an additional fenced-in outside storage area. Another additional open space on the 3.56 acre parcel could handle additional storage unit buildings or a new commercial building site for your business and retain the 57 storage units as additional income or remove the storage building and use 40x258 slab for new building. There is plenty of room for growth on this property. Seller has been an absentee owner and only a portion of the units are rented at the current time. Some maintenance may be needed to reach 100% occupancy potential. Roof is new in the last 2 years. Currently operated as 'American Storage'. Web site and name transfer to new owner. 5 sizes of units each with electric, large unit has 220, concrete flooring. Conveniently located near the military base and I-90 off of North Ellsworth Road and Cimarron Drive with a lot of new commercial growth on Cimarron Drive. Seller would consider owner financing with a down payment of 30% and acceptable terms.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $369,000 | $36 | Heartland Real Estate | |
Listed For Sale | $369,000 | $36 | Heartland Real Estate |
High School Douglas High School - 03 | 0.8 miles away | 09 - 12 | |
Middle School Douglas Middle School - 01 | 0.9 miles away | 06 - 08 | |
Elementary School Badger Clark - Carrousel - 05 | 1 miles away | KG - 01 |