Description
Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to built on the property and is awaiting state approval. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. Seller has been quoted $175k to build 88 storage units + concrete and excavation. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.
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Listing information provided courtesy of the Southern Indiana Realtors Association. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th March, 2023 10:25 AM (UTC)
Listing Agent: Nathan Soliday
Listing Office: Brixton Realty, LLC
