40 W ST Highway 92, Newton, AL 36352
sale
$1,600,000
|
Other
Courtesy Of National Land Realty, Southeast Alabama
This well-positioned storage and commercial property offers strong current income with significant upside potential. Located in a high-traffic corridor in a rapidly growing area between Dothan and Enterprise, the site is ideally situated for continued demand and visibility. The property features an established storage facility with 80 rental units and additional capacity to increase occupancy and revenue. Complementing the storage business is an impressive 10,000 sq ft shop building equipped with two bathrooms, a shower, office space, and a showroom floor - ideal for a wide range of commercial or industrial uses. The property also includes two additional build-ready pads, providing excellent expansion opportunities for additional storage units or other improvements as demand grows. Additional land may be available, further enhancing the long-term potential of this investment. Divisions might be considered. This is a versatile property with immediate cash flow and room to scale.
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Property Features
- Architecture Style: Other
- Building Units: 0
- MLSID: 11739899
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