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Mixed Use - Lockbourne, OH
Be your own property manager by living in the beautiful home on-site or create
additional income as a furnished rental property or short-term rental! Perfect setup for a stay-at-home spouse to supplement the household income.
Turnkey Storage Business for sale only with the purchase of the property home. The
established business generates a very passive income and does not require full-time management. The 5+ acre property is zoned General Industrial in an area experiencing massive growth in the Rickenbacker/Obetz/Lockbourne region. There are (31) enclosed 8x20' storage units, (1) 3600 s. f. building (2 tenants) and (1) 672 s. f. office separated into 3 tenant spaces. Both buildings have bathrooms and a new septic system was recently designed and installed allowing for future growth. In addition, there is (48+)
open parking spaces for equipment, boats, RV's and/or material. Owner is currentl...
open parking spaces for equipment, boats, RV's and/or material. Owner is currently
engaged in an expansion project for additional parking spaces and/or there is room for future building additions.
All current tenants have storage agreements or leases in place and 80% are setup on 'autopay' each month. There is a favorable mix of individual and corporate tenants currently occupying the facility.
In all, there is 30,148 s. f. of rentable space with 29,348 currently occupied. Occupancy
rate currently 97% and economic occupancy is 77.5% Access is controlled with 2 remote controlled gates, keypad controls and CCTV cameras throughout the facility. Assets with the sale include 31 storage units, 2 semi van trailers, New Holland skid loader, Kubota side-by-side UTV w/Boss snow plow, office computers, phone systems and office furniture.
The company is also an authorized U-haul dealer which can be operated by the next Owner if interested. This General Industrial zoned property will only be sold with the business which would be another 1.4 mill making full asking price of 2.3 mill
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