701 Main StAtlanta, TX 75551

For Sale
$440,000

High-Occupancy, Expansion Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This 51-unit self-storage facility in Atlanta, Texas, presents a compelling investment opportunity. The property boasts 5,656 square feet across two single-story buildings on a 2.11-acre lot, currently operating at 100% occupancy. Built in 1970 and extensively renovated in 2020, the facility features recent capital improvements including a new security fence with a rolling gate (May 2020), a 20x20 metal office building (August 2020), new gravel (June 2020), new shingles, vinyl eaves, and gables (July 2020), 12 new roll-up doors (June 2021-2022), a new buried culvert (January 2022), fresh paint (January 2021), and exterior lighting upgrades (May 2020). The property is zoned F1 and offers significant expansion potential, allowing for a doubling or tripling of the rentable square footage. The asking price is $440,000, representing $77.79 per square foot and $8,627.45 per unit. Located at 701 W Main St, Atlanta, TX 75551, this property benefits from a convenient Main Street location and currently operates below market rates. The fee-simple ownership provides complete control and upside potential. This is a rare opportunity to acquire a well-maintained, high-performing self-storage facility with substantial growth prospects.

Highlights

  • 51-unit self-storage facility in Atlanta, TX.
  • Significant expansion potential; double or triple rentable square footage on 2.11-acre lot.
  • 100% occupancy.
  • Main Street location.
  • Below-market rates.
  • Recent capital improvements including new security fence, office building, gravel, roof, roll-up doors, culvert, paint, and exterior lighting.

Property Details for 701 Main St

Property type
Self storage facilities, Industrial properties
Square Feet
5,656 SF
Year Built/Renovated
1970/2020
Buildings
2
Stories
1
Lot Size (sq. ft)
91,912 SF
Units
51

Location Insight

City
Atlanta
County
Cass
State
Texas
Latitude
33.1134754
Longitude
-94.1745345
701 Main St, Atlanta, Texas

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701 Main St
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