Fremont, IA 52561 138 N Chamberland Street
$219,000
13 more
Presented By: Peoples Company
Home Details
Pleased to offer the Fremont Self Storage facility, located in Mahaska County in Fremont, Iowa. The property is situated on Highway 23, near Casey's General Store on the east side of the Fremont City Limits. Fremont Self Storage is a longtime establishment of the town of Fremont and offers an immediate return on investment, as well as opportunities to convert the buildings to multiple new commercial uses.
The facility features a 30' x 100' mini storage building, consisting of (20) 10' x 15' units with manually operated overhead doors and ample parking space for accessing each unit. 17 of the 20 units are currently leased on a month-to-month basis. Additionally, oversized storage is offered via the 60' x 100' post frame building, featuring 16' sidewalls and two 14' overhead doors for entry and exit. 16 tenants currently occupy the building, with executed leases in place and renewing on an annual basis. The current leases will expire on November 1st, 2024, allowing a new owner to renew the leases or utilize the building themselves.
This facility is an excellent opportunity for a seasoned or beginning investor looking to expand their holdings into the self-storage space. Potential for immediate upside is offered with the implementation of new leases and proper advertisement of the product offering.
A principal of the Selling Entity holds an active real estate license in the State of Iowa.
Presented By: Peoples Company
Interior Features for 138 N Chamberland Street
Bedrooms
Total Bedrooms
Bathrooms
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
General for 138 N Chamberland Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityFremont
CountyMahaska
Days on Market32
DirectionsThe property is located within the City Limits of Fremont, Iowa, on the east edge of town. Continue east through town on Highway 23 / East Main Street. The property will be on the north side of Highway
Full Baths
Garage Y/NNo
Home Owner Association Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionExact legal description to be take from Abstract.
Lot Size UnitsAcres
MLS AreaFremont
MobileHomeRemainsYNNo
New ConstructionNo
PostalCityFremont
Private PoolNo
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount1364.0
TermsCash, Conventional
View Y/NNo
Waterfront Y/NNo
ZoningC
Exterior for 138 N Chamberland Street
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®