Descripation

This 5-acre site offers an attractive combination of current income, storage upside and longer-term development potential in a strategically located area between the two rapidly growing residential communities of Findlay Creek and Riverside South . The property currently generates approximately $250,000 of gross income from existing month-to-month tenancies including the monthly mini-storage operation. The 78-unit mini-storage component is approximately 50% occupied, providing an opportunity to increase revenue as occupancy grows and capitalize on the continued residential development surrounding the property. The site also offers longer-term development potential, with conceptual plans showing future warehouse development while maintaining the existing mini-storage use. Ideal for an owner-user seeking residual income today with flexibility for expansion or redevelopment. Contact the listing agents for further information and to arrange a tour.