2726 E 15th Street

Description

Welcome to Stow Pros Self Storage, a lucrative investment opportunity nestled in the heart of Panama City, Florida! This premier real estate listing showcases a well-established facility at 2726 E 15th St, boasting an impressive 16,800 sqft of space, housing 114 units, 128 doors with flexibility to divide or combine based on demand. Currently boasting an impressive 91% occupancy rate.Prospective buyers will be pleased to find a diverse selection of unit sizes, ranging from 5'x10' to 10'x30', catering to a broad customer base, from individuals to businesses seeking storage solutions. The non-climate-controlled units offer a practical and cost-effective storage solution for various items. Property is designed for customers to drive up to their individual unit.With a new roof installed in 2020, the facility's structural integrity is reinforced, ensuring minimal maintenance costs for the new owner. Security is a top priority, with gated access and an advanced security camera system, providing safety and peace of mind for tenants and their belongings.As a bonus, the sale includes the adjacent corner lot at 2732 E 15th St. Currently leased to a used car business, this additional parcel presents an array of opportunities for savvy investors. Extend the self-storage facility, collaborate with the existing tenant, or explore other commercial endeavors - the possibilities are vast. The corner lot also has 2 new office buildings with AC and restroom. One office is for car dealer business use and the other is for Stow Pros Self-Storage business, adding a touch of professionalism and enhancing the customer experience. This modern office space provides an excellent opportunity for on-site management or rental office services.The location itself is a significant selling point with strong community ties and continuous development, situated in a bustling area on the primary east/west thoroughfare through Panama City with traffic of 30k cars pass by every day. Panama City, Florida, is renowned for its thriving economy, vibrant lifestyle, and a continuous influx of tourists, promising a steady flow of potential clients for your storage business.Whether you are an experienced investor in the real estate industry or a budding entrepreneur seeking a sound investment, Stow Pros Self Storage offers the ideal package. Don't miss this chance to capitalize on an already successful storage facility and leverage the potential of the adjacent corner lot. Reach out now to secure your future in this flourishing market!