445 Hostdale, Dothan, AL 36303
sale
$899,000
|
Other
Courtesy Of EXP Realty LLC
Excellent investment opportunity with strong income potential! This 12,000 sq ft warehouse facility (40x300) features eight finished units, with flexibility to expand to a total of 12 units. Each single unit offers approximately 960 sq ft and includes a private office, bathroom, and a 10x12 roll-up door, making them ideal for a variety of business and storage uses. The property currently includes one double unit, with one configured as a double and available for lease, or easily convertible into two single units by simply adding a wall. Five units are presently leased, generating steady income, with three single units rented at $950 per month and one double unit rented at $1,050 per month. An additional 40x108 section remains unfinished, with the slab partially poured, providing excellent opportunity for future expansion. The seller is prepared to complete the remaining space and offer build-to-suit options, allowing a buyer to customize and maximize the property's income potential. With existing cash flow, room for growth, and flexible unit configurations, this property is well-suited for investors or owner-users seeking a high-demand warehouse and office space opportunity.
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Property Features
- Age: 1-5 Years Old
- Architecture Style: Other
- Floors: 1
- MLSID: 209961
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