Lot 11 Commercial Lane, Laurel $395,000

MLS#: 705134
Price: $395,000
Community: Hickman Village
Town: Laurel

Can you think of another business that requires very little hands-on work other than collecting the rent, keeping the lights on, and cutting a little grass now and then? This mini storage facility is C-1 zoned, has 134' road front, 1+ acres, plenty of parking, 54 storage units with 9600 square foot capacity; 10@25s/f, 18@50s/f, 10@100s/f, 6@75s/f, 4@150s/f, 4@800s/f, and 2@1600s/f. Seller estimates rents at $94,080 (low,) $108,840 (medium,) and $123,600 (high,) annually. With a little business savvy, this could be the perfect opportunity to own your own low maintenance, high yield business. Great location off a major N/S county highway on a private commercial drive. Commercial lane maintained by all business occupants on road with a 1/15 shared annual cost (if any) to include snow removal. Plenty of office space for other business growth or use as storage. The potential is endless with the other office areas while making a steady storage unit income.

Interior Features

Flooring: Concrete
Basement: None
Attic: None
Heating: Heat Pump(s)
Cooling: Heat Pump(s)

Additional Details

Lot Size/Acres: 1.20
Lot Dimensions: 134x288
Year Built: 1998
Square Feet: 9600
Section: Between Rt. 113 & 13
School District: Laurel

Exterior Features

Exterior Type: Aluminum Siding
# of Stories: 1
Roofing Type: Metal