Benton, TN 37307,112 Benton WAY
Benton, TN 37307,112 Benton WAY
Benton, TN 37307,112 Benton WAY
Benton, TN 37307,112 Benton WAY
Benton, TN 37307,112 Benton WAY
Benton, TN 37307,112 Benton WAY
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$1,430,000

$1,400,000

2.1%
Est.Price: ?

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Est. payment /mo

15,420 SqFt


SOLD DATE : 06/16/2023

Key Details

Sold Price $1,430,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2.35

Square Footage 15,420 sqft

Price per Sqft $92

MLS Listing ID 20230274

Sold Date 06/16/23

Construction Status Functional

Originating Board River Counties Association of REALTORS®

Year Built 2007

Annual Tax Amount $10,627

Lot Size 2.350 Acres

Acres 2.35

Lot Dimensions 249x494x222x466

Property Description

Immaculate fenced 59 climate and moisture controlled storage units ranging from 10x10 to 10x20 on 2.35 acres. Approximately 1.5 acres of poured concrete pad ready for 50 + additional units. Now has covered and uncovered RV and Boat rental space with space for more. New LED lighting inside and outside, new fire extinguishers, new electrical, must see to appreciate how the owner has transfored this Fred's retail store into state-of-the-art storage units! All has been done with excellence. Software system manages the monthly rental payments. Owner collects deposit, setup fee, and provides storage customers with online portal to make their payments and see their payment history. Well lit inside and out for security. Security cameras are in place. Each unit is covered with wire so no tenant can access any other unit. Additional storage space or a break area is now being added in an upstairs area. Office space has an area to sell packing and moving supplies. Almost full capacity for inside storage with basically no advertising. Business has grown steadily and is now producing excellent monthly income! Unclaimed deposits can not be figured into CAP rate, but are substantial. Ample room to add 100+/- more storage units or additional space to more boat and RV storage. HVAC and electric is in place to add more units. Clean, wife aisles, well lit, pest free! Must see to appreciate!

Location

State TN

County Polk

Area Polk County

Direction From Cleveland TN, take US64 East, follow signs to take US411 North to Benton. Turn left on Welcome Valley Road. Entrance is immediately to the left. (Approximately 15 miles from I-75 Paul Huff Parkway Exit #25)

Interior

Heating Central, Electric

Cooling Central Air, Electric, Multi Units

Flooring Concrete

Exterior

Exterior Feature Lighting

Parking Features Concrete

Roof Type Metal

Building

Lot Size Range 2.35

Sewer Public Sewer

Water Public

New Construction No

Construction Status Functional

Others

Tax ID 045 028.17

Security Features Security System,Fire Sprinkler System

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Listed by Bridge Property Management Group, LLC
Bought with Bridge Property Management Group, LLC
agent-avatar

+1(423) 473-9545

adamsellstennessee@gmail.com

4627 N Lee Hwy, Cleveland, TN, 37312, USA

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