Property Details for 1170 Highway 79

Lot size

0.69 lot acres

Property type

Commercial real estate

Description

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.

Location Insight

City

Bonifay

County

Holmes

State

Florida

Longitude

-85.647

Latitude

30.9671