3736 Us Hwy 64, Lexington, NC 27292-8067

Property Details for 3736 Us Hwy 64

Year built

1993

Lot size

3.00 lot acres

Zone code

RA1

Property type

Auto shops

APN

05-016-0-000-0069-B

APU

0501600000069B

Description

This exceptional investment property, located at 3736 US Highway 64 in Lexington, NC, presents a lucrative opportunity for discerning investors or owner-occupants. Priced at $2,000,000, the property boasts a well-maintained, income-generating 20-unit storage facility, offering a substantial return on investment. The main structure functions as a spacious garage, ideal for various uses, complementing the income stream from the storage units. The property sits on a lot with zero acres, making it a compact and efficient investment. The combination of the garage and the storage units provides a diversified income stream, mitigating risk and maximizing potential profits. The property's excellent condition minimizes immediate maintenance needs, allowing for a swift return on investment. Its strategic location on US Highway 64 ensures high visibility and accessibility, attracting a wide range of potential tenants for the storage units. This turnkey operation is ready for immediate occupancy and income generation, making it an attractive proposition for both seasoned investors and those seeking a passive income stream. Financial records and detailed operational information are available upon request to qualified buyers. This is a rare opportunity to acquire a well-established, profitable property in a desirable location. Don't miss out on this chance to secure a strong and stable investment.

Location Insight

City

Lexington

County

Davidson

State

North Carolina

Longitude

-80.179

Latitude

35.8073

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments