Description
Welcome to a rare and exciting investment offering near downtown Logan. Presenting a versatile property with immense potential, this storage unit facility has been strategically rezoned to multifamily zoning, opening the doors to a world of possibilities. Currently operating as a successful self-storage and parking facility, this property provides immediate rental income while offering the astute investor or developer the chance to embark on a multifamily development venture. Other uses could be rezone to industrial/warehouse and be used for flex/warehouse space. You could also expand on the parking and create more boat and RV parking. City won't allow for additional storage units as storage units are now only allowed in Airport zoning due to a recent amendment passed in 2022. 8 5x10 units $40.00 mo. 13 parking spaces $40.00 mo 12 24x10 units $90.00 mo. 2 R.V. spaces $50.00 mo 2 garage units $100.00 mo.
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0BEDS
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1.01ACRES
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01/2 BATHS
School Ratings & Info
Description
Welcome to a rare and exciting investment offering near downtown Logan. Presenting a versatile property with immense potential, this storage unit facility has been strategically rezoned to multifamily zoning, opening the doors to a world of possibilities. Currently operating as a successful self-storage and parking facility, this property provides immediate rental income while offering the astute investor or developer the chance to embark on a multifamily development venture. Other uses could be rezone to industrial/warehouse and be used for flex/warehouse space. You could also expand on the parking and create more boat and RV parking. City won't allow for additional storage units as storage units are now only allowed in Airport zoning due to a recent amendment passed in 2022. 8 5x10 units $40.00 mo. 13 parking spaces $40.00 mo 12 24x10 units $90.00 mo. 2 R.V. spaces $50.00 mo 2 garage units $100.00 mo.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-11-28T11:40:00.777. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.