Self Storage Facility in Foley - Southern Storage

Business Opportunity for Sale
Catylist Listing ID: 30565336
Property Subtypes: Moving/Storage/Delivery
Building Size (RSF): 20,325 SF
Sale Price: $1,229,000
In Opportunity Zone? Yes
Name of Establishment: Southern Storage
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 7/10/2020

Overview / Comments

Well established self storage facility with long term clientele in Foley now available! Property sits at the corner of HWY 59 and W Section Ave. within the Opportunity Zone of Baldwin County, AL. 152 Units of both climate controlled (48 units) and non climate controlled (104 units) storage totaling 18,860 sqft. Office space consists of 900 sqft and is currently under a 2 year lease agreement. Property has been well maintained with parking lot recently asphalted (January 2020) and monthly pest control contract current.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Industry Segment: Self Storage
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: Office space is currently under a 2 year lease agreement for $970 per month.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,319 15,850 22,593
Median Age: 42.62 40.87 40.71
Households: 1,364 6,549 9,131


Photograph of Listing Agent

Cody McCurley Maley

Scout South Properties
Gulf Coast CMLS Member
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