Under Contract

16112 Old Statesville Road

Huntersville NC, 28078

$1,400,000


$26.34 per sqft

Under Contract

53,143 sqft

Commercial

Built in 1951

** BACK ON MARKET AT NO FAULT TO THE SELLER**
Benjamin Self Storage is located in one of the most rapidly growing areas near downtown Huntersville. This commercial property boasts a prime location off a main road with over 20,000+ cars passing by daily. The property sits on 1.22 acres of land and includes 44 storage units with 19 parking spaces. The current occupancy rate is at an impressive 97% with only 3% vacancy, making it a highly sought-after property. Mini Self Storage facilities are a recession-proof business that offers a variety of potential uses, including storage for personal and commercial items, boats, RVs, and more. The property also offers room for expansion to add more storage units, and the current rental rates for the storage units are under market value, which provides a significant opportunity for the new owner to increase rental rates and maximize profits. This facility is an excellent investment opportunity in an area with high demand for storage solutions.

4062262

MLS ID

September 1, 2023

Listed

February 16, 2024

Updated

Map

16112 Old Statesville Road
Huntersville NC, 28078

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

1.22 Acres


Lot Features

Paved


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Days on Market

113


Garage

No


Parking

Assigned, Electric Gate, Keypad Entry, Parking Lot, Parking Space(s), RV Access/Parking


Parking Total

25


View

No


County

Mecklenburg


Water Source

City


Pool

No


Zoning

HC


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

1/27/2024

Under Contract

1/19/2024

Active

1/19/2024

Price Change

$1,400,000

-7%

12/15/2023

Under Contract

12/8/2023

Price Change

$1,500,000

-12%

11/16/2023

Price Change

$1,699,000

-9%

9/26/2023

Price Change

$1,850,000

-8%

9/1/2023

Active

Courtesy of SERHANT with Joey Portnova, Tatiana Levi
Listing Contact: [email protected] 
 
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