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Hubbard,OH 44425
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Warren A Loveless Div
MLS Listing ID 5057663
Annual Tax Amount $2,178
Tax Year 2023
Lot Size 1.250 Acres
Property Description
Are you looking to start your own business, or do you currently have a small business and need extra storage space AND extra income? Well, we have the perfect solution for you! These storage units feature 3 different sizes (10x10, 10x20, 10x40) to offer various options for your clients and are perfect to store everything from inventory to all of your outside toys!! The land also comes with a permit for an additional 10 parking spots that can be rented out for RVs, boats, campers, etc. Sellers currently rent out 2 parking spots for $25 each a month. Rents are as follows: 10x10 $60/month 10x20 $100/month 10x30 $140 a month. Twenty units are currently rented, along with 2 additional parking spots, which means these units generate $2830 a month.
The sellers have updated the roof, installed a new electric panel, outside lighting, new outlets, brand new gravel driveway. You will find this is a phenomenal investment to add additional income without a ton of overhead costs! Now is the time to secure your future!
Location
State OH
County Trumbull
Interior
Heating None
Schools
School District Hubbard Evsd - 7809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional