3906 E Hospitality Lane Decatur, IL 62521

General Commercial Residence

Beds

Baths

11,760 Sq. Ft.

1.74 Acre Lot

Property Activity

Time on Site

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Days on Market

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Last updated on 9/22/2024 3:23 PM

Listing Details

Commercial Self-Storage Investment Opportunity in Decatur, Illinois Presenting a turnkey self-storage complex, erected in 2019 and located strategically adjacent to Interstate 72. This facility serves a thriving community in Macon County, boasting a substantial population base. The facility encomp...asses two distinct buildings on a commercial lot. The southern building comprises of 30 individual self-storage units, each offering 200 square feet of space. These units are designed for ease of access with roll-up doors and benefit from external lighting and outlets in selected areas, ensuring convenience and security without interior electricity—ideal for streamlined operations and low overhead. To the north, a 5,760-square-foot storage warehouse offers six expansive bays, each with a 14-foot automatic door and a soaring 17-foot eave height, suitable for a variety of storage needs. While currently lacking heating, insulation, and interior finish, the pre-installed plumbing infrastructure lays the groundwork for future enhancements, including office space or additional facilities. With its current approximate 50% occupancy rate, this property stands as a compelling proposition for investors seeking to capitalize on the local demand for storage and drive the business towards full capacity. The property is designed to accommodate a range of vehicle sizes, ensuring it meets the diverse needs of potential renters. Continue reading

MLS#

CA1025859

Property Type

General Commercial

Year Built

2019

Square Feet

11,760 sq. ft

Lot Size

1.74

Stories

1.0