12555 Havasu Lake Road, Needles, CA 92363
- $2,300,000
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- OC26103525
- Year Built
- 2008
- Lot Size
- 172,497
- Acres
- 3.96
- Lot Location
- Lot Over 40000 Sqft
- Days on Market
- 90
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Compelling investment opportunity for developers and investors with this established storage facility to enter or expand within the self-storage sector. The property currently operates 50 units that are fully rented, providing immediate cash flow from an existing tenant base. The location is ideal as it is near the California Shoreline of Lake Havasu making the demand for storage high with boaters and offroad enthusiast needing places to store their toys. What distinguishes this opportunity is the expansion potential already in place. The property has previously received approval for an additional 80 units, which would potentially more than double the current capacity but would still need the proper updated approvals. The adjacent lot is also available for purchase, offering further development possibilities for those interested in creating a larger storage complex. This additional land provides flexibility for various expansion scenarios depending on market demand and investment strategy.
Additional Information
- Heat
- None
- Cooling Description
- None
- Exterior Construction
- Aluminum Siding, Metal Siding
- Roof
- Metal
- Water
- None
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Nicole Palanjian (nicolepalanjian@gmail.com) from Listing Office: Luxe Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.