256 4th St Crystal River, FL 34429-4148

This exceptional turnkey investment opportunity in downtown Crystal River, Florida presents a rare chance to acquire a high-performing commercial property. The property, located at 256 NE 4th Street, 34429, comprises three buildings totaling 24 individual storage units and three storage trailers, providing diverse income streams. A fully equipped office and an updated efficiency unit add to the property's versatility. Built in 1971, this single-story complex sits on a 0.55-acre lot and boasts recent upgrades, including a newer roof and stylish pavers. The property's modern security system, featuring state-of-the-art cameras, ensures both tenant and owner security. The asking price is $720,000, with a strong 10% capitalization rate and a net operating income (NOI) of $82,500. This lucrative investment offers a secure and established revenue stream in a desirable location. The property's diverse offerings, recent improvements, and strong financial performance make it an ideal addition to any investment portfolio. This is a truly exceptional opportunity to acquire a well-maintained, high-yield commercial property in the heart of Crystal River. The property is zoned for industrial, land, office, and retail uses.