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$2,500,000
Est. payment /mo
22,236 SqFt
Contingent
27 Monterey ST San Juan Bautista, CA 95045
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UPDATED:
12/10/2024 09:18 PM
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Contingent
Purchase Type For Sale
Square Footage 22,236 sqft
Price per Sqft $112
MLS Listing ID ML81988150
Year Built 1956
Lot Size 0.874 Acres
Property Description
Harveys Lockup presents a unique chance to acquire an income-generating self-storage facility in the desirable city of San Juan Bautista, California. This asset offers immediate cash flow and is strategically positioned in a high-demand market with strong demographic support. Built in 1956 and renovated in 2010, the property spans 0.85 acres and features three metal-and-steel-framed buildings. It comprises 176 self-storage units, 1 RV space, and 2 apartments, providing a diversified revenue stream. Modern amenities include fire sprinkler systems throughout the facility, 24/7 surveillance, on-site dollies and handcarts, and secure electronic entrances with key-code access. With steadily increasing rental rates, the facility offers significant potential for revenue growth by aligning rents with current market levels. Its strategic location and features make it an attractive option for both local and exchange buyers, as well as investors seeking to diversify portfolios. Harveys Lockup is ideally suited for: Local storage owners aiming to reduce operational costs by scaling across multiple locations. Apartment investors seeking cross-marketing opportunities between residential and storage properties.
Location
State CA
County San Benito
Area San Juan Bautista
Building/Complex Name Harvey's lockup
Zoning AP
Interior
Heating Other
Cooling None
Exterior
Parking Features On Street
Utilities Available Public Utilities
Roof Type Metal
Present Use Warehouse
Building
Story 2
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Restrictions Other
Tax ID 002-040-001-000
Security Features Other
Special Listing Condition Not Applicable
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Listed by Susan Thomas • Thomas International Realty