102 Levitch Newport, WA 99156 – Seven Mile Self Storage

102, Levitch, Newport, WA  99156

For Sale

Type
For Sale / Industrial, Retail

Seven Mile Self Storage (Status: Pending) 475000

102, Levitch, Newport, WA  99156

Investment HIGHLIGHTS
Room for expansion to add much needed large enclosed Boat/RV spaces,Stabilized 94% current occupancy, Situated along Hwy 20 corridor (main highway connecting the south to the north county to area recreation),Only commercial property in area that can have self-storage (zoning),Low management responsibilities,High cap rate 7.66% on actual storage income
$360,000 Self Storage, $115,000 Extra Land
Seven Mile Self Storage is situated on 2.53+/- acres along the Pend Oreille River & US Hwy 20 in Newport,
Washington. Seven Mile Self Storage provides enclosed storage and outdoor recreational storage to the current
and increasing population in Pend Oreille County. The facility is primed for expansion and the demand for large enclosed units as well as covered. Tax iD #: 18

Listing Details

Asset Class: Retail,Industrial
Year Built: 2015
Building Total Square Feet: 7476
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 7
Local Zoning Information: Commercial

CBA

Listing Courtesy of: American Real Estate Associates, Inc.

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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