494 Rte Butler, PA 16002

Property Details for 494 Rte

Year built

2004

Lot size

2.22 lot acres

Property type

Commercial real estate

Description

This exceptional 2.22-acre property at 494 Route 422-rear, Butler, PA, presents a lucrative investment opportunity. The well-maintained complex currently features 26 self-storage units, a warehouse, office space, and an apartment, all currently leased, generating substantial income. Twenty of the 26 storage units are currently occupied, with the potential for increased revenue by leasing the remaining vacant units. The property is zoned C-1, allowing for expansion. The existing building could be expanded to accommodate more self-storage units, or the rear lot could be leased to a contractor or landscaping company. The current owner resides in the on-site apartment and is open to leasing it to the new owner. The property's current tenant is responsible for electricity costs. This turnkey operation offers immediate income and significant upside potential. The seller is willing to consider owner financing, making this an even more attractive proposition. The front parcel presents additional development possibilities, further enhancing the long-term value of this investment. This property offers a unique blend of established income and future growth potential, making it an ideal acquisition for a savvy investor seeking a strong return on investment.

Location Insight

City

Butler

County

Butler

State

Pennsylvania

Longitude

-79.8299

Latitude

40.8659