6978 State St Hermitage, PA 16148
- Investment properties
- 3.12 lot acres
Current Use by Public Records
- Top Shelf Storage / Self-Storage Facility
Property Details for 6978 State St
- Lot size
- 3.12 lot acres
- Property type
- Investment properties
Description
This exceptional investment opportunity presents an 84-unit storage facility ideally located at 6978 E State St, Hermitage, PA. Situated on a sizable 3.12-acre lot, this property boasts a proven track record of strong cash flow and low overhead expenses, making it an attractive proposition for discerning investors. The existing facility offers 84 individual storage units, providing a substantial revenue stream. The property's strategic location ensures high traffic counts, maximizing visibility and accessibility for customers. Further enhancing its profitability, the property generates additional income through ground leases for storage sheds and billboard advertising. This diversified income stream contributes significantly to the overall return on investment. The ample land provides significant potential for future expansion, allowing for the addition of more storage units or other complementary businesses to further increase revenue. This turnkey operation is ready for immediate ownership and offers a rare chance to acquire a well-established, profitable business with considerable growth potential in a desirable location. Financial records demonstrating the consistent cash flow are available upon request. This is a unique opportunity to acquire a stable and expanding business with multiple income streams. The property's strong performance history and expansion possibilities make it an exceptional investment in the thriving Hermitage market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hermitage
- County
- Mercer
- State
- Pennsylvania
- Longitude
- -80.3784
- Latitude
- 41.2365
