For Sale: Multi-Bay Warehouse near Airport - $5.5 Million (Firm)

This strategically located multi-bay warehouse, constructed in 1974, presents a valuable investment opportunity. Situated right next to the airport, it encompasses over 15,000 square feet of space on a lot measuring approximately 25,000 square feet or 0.57 acres. The property generates a robust monthly income of around $35,000.

Key financial details include an annual insurance cost of $14,000 and property taxes approximating $30,000. The facility consists of about 16 bays, offering ample space for a variety of uses. Additionally, the second floor houses 12 offices, adding to the versatility of this property.

With an asking price of $5.5 million, the value of this investment is reflected in its significant income potential and prime location. The price is firm, underscoring the property’s worth in today’s market.