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1170 Highway 79 Bonifay, FL 32425

For Sale
$109,900

Profitable Storage Units, Expansion Potential

Description

Added:
Feb 3, 2025
Days on Market:
311
This exceptional investment opportunity presents a well-established storage facility located at 1170 Hwy 79 North, Bonifay, Florida. The property encompasses a sizable 0.69-acre lot and features two existing buildings, each housing ten individual 10'x10' storage units, totaling twenty units currently in operation. This translates to a readily generating income stream for the astute investor. The property's significant advantage lies in its considerable undeveloped land, offering substantial potential for future expansion. Additional storage units can be easily constructed on the remaining acreage, significantly increasing rental income and overall property value. The property is conveniently situated on Highway 79 North in Bonifay, providing excellent visibility and accessibility for both tenants and potential future expansion projects. This turnkey operation presents a rare chance to acquire a profitable, established business with significant upside potential for growth and increased revenue. The asking price of $109,900 makes this an attractive investment opportunity in the thriving Bonifay market. The existing infrastructure provides a solid foundation for immediate returns, while the expansion potential ensures long-term growth and profitability. This is an ideal acquisition for investors seeking a stable income stream with significant room for future development. Serious inquiries are encouraged.

Property Features for 1170 Highway 79

General Information

Property type
Other commercial real estate
Lot Size
30,056 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Auto Repair Shop Auto Parts Store Accounting Firm Convenience Store Pawn Shop Smoke and Vape Shop Wine and Liquor Store Parking Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bonifay
County
Holmes
State
Florida
Longitude
-85.64696
Latitude
30.96712

FAQs

What type of property is this?
Commercial real estate - Profitable Storage Units, Expansion Potential
Where is this commercial real estate located?
The property is located at 1170 Highway 79 Bonifay, FL.
What is the asking price?
The asking price for this property is $109,900.
More about this property
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