Building Size18,000 SF / 7.37 Acres sq ftCurrent ZoningCL / R3Real Estate Taxes1,152 / 2012Cap Rate11%Property Usestorage garages
This property is currently not available.
7.37 Acres consisting of two parcels. 52-05-0151.000 (6.07 Acres) located in Minersville Boro and 03-02-0002.000 (1.3 Acres) in Branch Township. Parcels contain 18,000 sf of storage units that are fully occupied. Units rent for $2.25sf/yr and owners have a waiting list. Over $40,000 of Gross Income. Expenses average $5000 per year. Low maintenance and expense. This property has tremendous upside value added potential. Listing price reflects a 11% cap rate. There is approximately 3/4 acre of cleared land to build more storage units and space for portable containers . Close to routes 901, 209,183 and 61.
