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112 Benton Way

Benton, TN 37307
  • $1,650,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 20230274
UPDATED: 46 min ago
$1,650,000
  • 0
    BEDS
  • 2.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,420
    SQFT
  • $107
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2007
County:
Area:

School Ratings & Info

Description

Immaculate fenced 59 climate and moisture controlled storage units ranging from 10x10 to 10x20 on 2.35 acres. Approximately 1.5 acres of poured concrete pad ready for 50 + additional units. Now has covered and uncovered RV and Boat rental space with space for more. New LED lighting inside and outside, new fire extinguishers, new electrical, must see to appreciate how the owner has transfored this Fred's retail store into state-of-the-art storage units! All has been done with excellence. Software system manages the monthly rental payments. Owner collects deposit, setup fee, and provides storage customers with online portal to make their payments and see their payment history. Well lit inside and out for security. Security cameras are in place. Each unit is covered with wire so no tenant can access any other unit. Additional storage space or a break area is now being added in an upstairs area. Office space has an area to sell packing and moving supplies. Almost full capacity for inside storage with basically no advertising. Business has grown steadily and is now producing excellent monthly income! Unclaimed deposits can not be figured into CAP rate, but are substantial. Ample room to add 50+ more storage units and additional space to more boat and RV storage. HVAC and electric is in place to add more units. Must see to appreciate!

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© 2023 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices J Douglas Properties. Data last updated: 2023-01-30T18:47:19.507.
www.theedringtonteam.com/homes/136304627
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112 Benton Way Benton, TN 37307

  • Price: $1,650,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 46 min ago
  • MLS #: 20230274
0
Beds
0
Baths
0
½ Baths
2.35
Acres
15,420
SQFT
$107
$/SQFT
2007
Built
Neighborhood:
Other
County:
Polk
Area:
Polk South
Property Description
Immaculate fenced 59 climate and moisture controlled storage units ranging from 10x10 to 10x20 on 2.35 acres. Approximately 1.5 acres of poured concrete pad ready for 50 + additional units. Now has covered and uncovered RV and Boat rental space with space for more. New LED lighting inside and outside, new fire extinguishers, new electrical, must see to appreciate how the owner has transfored this Fred's retail store into state-of-the-art storage units! All has been done with excellence. Software system manages the monthly rental payments. Owner collects deposit, setup fee, and provides storage customers with online portal to make their payments and see their payment history. Well lit inside and out for security. Security cameras are in place. Each unit is covered with wire so no tenant can access any other unit. Additional storage space or a break area is now being added in an upstairs area. Office space has an area to sell packing and moving supplies. Almost full capacity for inside storage with basically no advertising. Business has grown steadily and is now producing excellent monthly income! Unclaimed deposits can not be figured into CAP rate, but are substantial. Ample room to add 50+ more storage units and additional space to more boat and RV storage. HVAC and electric is in place to add more units. Must see to appreciate!
Exterior Features

Construction Materials Metal SidingBlockSteel Frame Est Lot Size Acres Range 1-3 Acres Exterior Features Roof SignPole SignLighting Fencing Fenced Lot Features Free Standing Lot Size Dimensions 249 X 494 X 222 X 466 Parking Features Concrete76 Or More Spaces Road Frontage Type HighwayDivided Highway Roof Metal

Interior Features

Appliances Electric Water Heater Below Grade Finished Area Source Public Records Cooling Central AirElectricMulti Units Cooling YN Yes Door Features No Truck Door Flooring Concrete Heating CentralElectric Heating YN Yes

Property Features

Building Area Total 15420 Building Features 22 To 30 Feet EavesFixturesRestroomsInside Storage Business Type Storage Current Financing Private Est Age Range 11-20 Years For Sale Rent Sale Listing Terms Conventional1031 ExchangePrivate Financing Available New Construction YN No Operating Expense Includes Accounting/LegalInsuranceRepair And MaintenanceUtilitiesMiscellaneous Property Condition Excellent Property Sub Type Warehouse Road Responsibility Public Maintained Road Security Features Security SystemFire Sprinkler System Sewer Public Sewer Tax Annual Amount 10627.12 Water Source Public Zoning Commercial

Listing provided courtesy of Teresa Mustar of Bridge Property Management Group, Llc: 423-479-8721.


© 2023 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices J Douglas Properties. Data last updated: 2023-01-30T18:47:19.507.
 
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Berkshire Hathaway HomeServices J Douglas Properties
100 Tremont St
Chattanooga TN, 37405