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Investment Highlights
- Nearly 1000 feet of highway frontage visibility
- 2 storage unit buildings with 44 spaces available to rent
Executive Summary
Seize this unique opportunity to own a versatile commercial property with nearly 1,000 feet of prime road frontage on Highway 67, just north of the Leadington exit, directly across from Mineral Area College. This high-traffic location offers exceptional visibility and accessibility, perfect for your next business venture! The main structure, a spacious 150 x 100-foot building, provides 15,000 square feet of flexible space currently housing Connection Church. With endless possibilities, this property could continue as a church or be transformed into a restaurant, banquet center, office building, or your dream project. The building features two main restroom facilities, an additional restroom with a shower, a large kitchen area, and multiple office or classroom spaces that can be reconfigured to suit your needs. Additional income streams include a billboard generating $2,400 annually and a cell tower bringing in $7,200 per year. WE HAVE A QUALIFIED BUYER FOR THE CELL TOWER so you could buy the property and sell the cell tower at closing and use for your down payment! Call for details! The property also includes two separate buildings with a total of 44 self-storage units which are currently vacant and could be rented to increase the cash flow by upwards of $3500/month. There is also an area with existing hookups for a modular home, adding to its versatility. With its strategic city location, high-traffic exposure, and highway frontage, this property is a rare find. Incredible investment opportunity! Possible creative financing opportunity for a qualified buyer!
Property Facts
| Price | $1,399,000 | Lot Size | 7.86 AC |
| Price Per SF | $72.62 | Building Size | 19,265 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1999 |
| Property Subtype | Religious Facility | Parking Ratio | 1.76/1,000 SF |
| Building Class | C |
| Price | $1,399,000 |
| Price Per SF | $72.62 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 7.86 AC |
| Building Size | 19,265 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 1.76/1,000 SF |
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 09-20-09-02-001-0001.00 | Improvements Assessment | $7,350 |
| Land Assessment | $870 | Total Assessment | $8,220 |
Property Taxes
Parcel Number
09-20-09-02-001-0001.00
Land Assessment
$870
Improvements Assessment
$7,350
Total Assessment
$8,220
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