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Browse More Listings in Industrial For Sale, Mason City, IA or Iowa

Industrial Property For Sale

Atlas Mini Storage

704 6th St. SW, Mason City, IA 50401

Price:
$1,350,000
Building Size:
64,238 SF
Price/SF:
$21.02
Property Type:
Industrial
Property Sub-type:
Self/ Mini-Storage Facility
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
8.50%
Tenancy:
Multiple
Lot Size:
4.70 AC
Features:
- Fenced Yard
- Electricity/Power
Find Out More...

Last Verified 10/9/2009 Listing ID 16283221

Description

Great investor opportunity! Management employees are in place for new owner to take over. In business since 1985 and located on busy great/highway. Total 64,238 SF rentable space with 225 mini warehouse units (32,040 SF ), 2 warehouse buildings, 2 garage buildings, 1 office building (32,198 SF). Open space on existing land to add additional mini warehouse building. Also, there is an option to re-configure the warehouse to climate controlled indoor storage and increase revenues. Contact listing agent for copy of plans. Opportunity create uhaul/Penske moving truck-storage - packing and shipping business! Create a "one stop location" for clients to rent a moving truck, buy boxes, pack/ship items and rent a storage unit!

Hwy. 65 (US 18) North in Mason City, Left (West) on 5th St. SW, Left (South) on S. Monroe, Right (West) on 6th St. SW.

Financial Summary

Actual
Net Operating Income
$114,750

Map of 704 6th St. SW, Mason City, IA 50401 (Cerro Gordo County)

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Presented by

Skogman Commercial Group

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Contact Listing Broker

Michael Shaffer (319) 363-8286 Ext: 102

Bob Randklev (319) 533-6927

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Created 6/17/2009

Additional Information for 704 6th Street Sw, Mason City, IA 50401

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Industrial Property For Sale - Atlas Mini Storage

704 6th St. SW, Mason City, IA, 50401