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502 S 1st St

Ollie, IA 52576
  • $145,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 202401927
UPDATED: 89 min ago
$145,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2004
County:

School Ratings & Info

Description

Investment opportunity! These storage units located in Ollie, Iowa, are a great addition or first acquisition to your passive income portfolio! Featuring 17 individual units, a large indoor shared space, and ample room for outdoor spaces, this turnkey investment is ready to produce! The 7 small units are 5’ x 10’ and feature full walls and ceilings. The 10 larger units are a generous 10’ x 20’. All individual units feature padlock ready roller doors with pull ropes. The large central area measures 50' x 60' and features 3 overhead doors measuring 12’10” tall by 15’ wide. This open area can be divided and used to meet any tenant’s needs. Outside, the wide gravel approach connects to the main highway. The double-wide lot has additional land available to generate more income with your vision. This is a rare opportunity to get into the buzzing storage unit industry and earn income while you sleep! Buyer to assume all current tenants and leases with purchase. Utility availability unknown.

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© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-06-16T17:26:11.933
www.gwenjohnson.com/homes/149325111
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502 S 1st St Ollie, IA 52576

  • Price: $145,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 89 min ago
  • MLS #: 202401927
0
Beds
0
Baths
0
½ Baths
0.76
Acres
2004
Built
Neighborhood:
Washington Area
County:
Keokuk
Area:
Washington Area
Property Description
Investment opportunity! These storage units located in Ollie, Iowa, are a great addition or first acquisition to your passive income portfolio! Featuring 17 individual units, a large indoor shared space, and ample room for outdoor spaces, this turnkey investment is ready to produce! The 7 small units are 5’ x 10’ and feature full walls and ceilings. The 10 larger units are a generous 10’ x 20’. All individual units feature padlock ready roller doors with pull ropes. The large central area measures 50' x 60' and features 3 overhead doors measuring 12’10” tall by 15’ wide. This open area can be divided and used to meet any tenant’s needs. Outside, the wide gravel approach connects to the main highway. The double-wide lot has additional land available to generate more income with your vision. This is a rare opportunity to get into the buzzing storage unit industry and earn income while you sleep! Buyer to assume all current tenants and leases with purchase. Utility availability unknown.
Exterior Features

Construction Materials SteelOrMetal Lot Size Acre Range HalfToOneAcre Lot Size Dimensions 307 x 108 Road Frontage Type Paved Roof Metal

Interior Features

Bathrooms Total Integer 0 Cooling None Flooring ConcreteSlabGradeOther Heating None

Property Features

Auction Online Bid YN No Business Type Other Commercial Building Features Other Common Area Maintenance 0 Compensation Remarks 2.5% Expiration Date 2024-11-01 Green Verification YN No Listing Terms CashConventional Possession AtClosing Property Sub Type Commercial Special Features None Tax Annual Amount 522 Tax Year 2022 Utilities SeeRemarks Zoning Commercial

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Jake Mclaughlin of Iowa Elite Marketing Group: 319-642-0254.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-06-16T17:26:11.933
 
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The Johnson Team | Skogman Realty
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