601 W Frank St, Grand Saline, TX 75140

$175,000

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List Price
$175,000
MLS#
21162836
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1975
Construction Status
Preowned
Acres
0.90
County
Van Zandt
City
Grand Saline
Subdivision
Richardsons Add 01

Property Description

Turn-key and profitable 20-unit self-storage facility with room for more units on approximately 0.89 acres near downtown Grand Saline, just off the street of the grocery store in town. Ten of each, 10x10 and 10x20 units with metal construction, concrete slab, and roll-up doors for low maintenance and long-term durability. Units historically run about 90–100% occupied with many long-term, loyal tenants, providing steady monthly income with minimal day-to-day management. The property layout offers plenty of room to add additional buildings on the nearly 1-acre lot to significantly increase future rental income. High-visibility location near the main traffic corridor and grocery store creates strong drive-by exposure and consistent demand in this growing East Texas community. Van Zandt county's population has climbed over the last decade, supporting continued self-storage needs for residents, small businesses, and weekend visitors. All-metal walls and metal roof on concrete, plus individual metal roll-up doors, make this an easy-to-own asset with simple upkeep compared to many other commercial properties. Some additional potential for a new owner to have an even better upside remains through modest rent increases, basic social media marketing, and building out more units on the remaining land to maximize the site’s income potential. Ideal for an entry-level or seasoned investor seeking stable cash flow with expansion potential in a tight East Texas storage market.” New survey.

Additional Information

Unexempt Taxes
$3,159
Tenant Pays
AllUtilities
Lot Size
39,029
Lot Description
Cleared, Sloped, Few Trees
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Additional Parking, Common, Drive Through, Driveway, Off Street
Business Name
Grand Saline Mini
Inclusions
Business
Possession
CloseOfEscrow, Negotiable

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Calculator source: Real Geeks

Listing courtesy of Elaine Fabbri from RE/MAX Landmark Rose. Contact: 903-567-3100