1. North Carolina
  2. Mars Hill
  3. 1393 US 19 Highway
$399,900

1393 US 19 Highway, Mars Hill, NC 28754

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1992
  • Property Lot Size Icon0.83acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare Value-Add Storage Investment Opportunity – 36 Units + Manager’s Trailer – $399,900 Don’t miss this rare chance to acquire a 36-unit self-storage facility on high-traffic US-19 in Mars Hill, with approx. 15,000 vehicles per day and strong growth potential. The property includes three buildings, a heated and cooled manager’s office, and a rentable single-wide trailer that could also house an on-site manager at a discounted rate. With a pro forma cap rate of 10%, this investment is priced below comps and offers serious upside. With even modest marketing, units can be leased to capacity, dramatically improving cash flow and ROI. Located just minutes from downtown Mars Hill and I-26, the site offers excellent visibility and access for customers. This is an ideal opportunity for investors seeking a hands-on value-add deal in a market where opportunities like this are increasingly rare. Call today to schedule a showing!

Listing Status:
Active
Listing Office:
Keller Williams - Weaverville : 828-658-1900
MLS ID:
4271109
  • Flooring: Concrete
  • A/C: DuctlessOffice Only
  • Heating: DuctlessOffice Only

This listing courtesy of Keller Williams - Weaverville

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mars Hill Elementary School

200 School House Ln, Mars Hill, NC, 28754

Grades KG-5

2.93 miles away

M

Madison Middle School

95 Upper Brush Creek Rd, Marshall, NC, 28753

Grades 6-8

12.02 miles away

M

Madison Velocity Learning Center

5740 US 25/70 Hwy, Marshall, NC, 28753

Grades 9-12

9.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

1365 US 19 Highway, Mars Hill, NC 28754
Commercial Property

$419,900

  • 2 bath |
  • 1,800 sqft |
  • 0.62 acre lot
1365 US 19 Highway Mars Hill, NC 28754

#4271162 - Keller Williams - Weaverville