Excellent investment opportunity in a high visibility Ada location thats zoned I-2! This income producing storage facility features 70 storage units situated on approximately 2.8 acres, offering established rental income with plenty of room for future expansion. Conveniently located on North Mississippi Avenue, directly behind Starbucks and 10 Box, the property benefits from strong traffic, easy access, and a central location. The property also includes unfinished second story space that offers multiple possibilities depending on the next owner's needs. It could be converted into office space, an apartment, or additional storage units, creating even more income potential. With an established storage operation already in place, room to expand, and flexible space for future improvements, this property offers strong upside for an investor looking to grow their portfolio.
| MLS # | 2631065 |
|---|---|
| Listing Type | For Sale |
| Style | Warehouse |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1997 |
| Days On Site | 24 |
| Listing Provided By | Mary Terry & Associates Real E | Tyler Thompson |
| SQ Feet | 11,000 |
|---|---|
| Zoning | I-2 |
| Acreage | 2.80 |
| Tax Annual Amount | 5458 |
|---|
| State | OK |
|---|---|
| County | Pontotoc |
| City | Ada |
| Zip Code | 74820 |
| Listing VS Median (in 74820) | |
Price: $650,000 low | high Med: $199,900 sqft: 11,000 low | high Med: 2,280 $ / sqft: $59 low | high Med: $88 On site: 24 low | high Med: 129 | |
| State | OK |
|---|---|
| County | Pontotoc |
| City | Ada |
| Zip Code | 74820 |
| Listing VS Median (in 74820) | |
Price: $650,000 low | high Med: $199,900 sqft: 11,000 low | high Med: 2,280 $ / sqft: $59 low | high Med: $88 On site: 24 low | high Med: 129 | |