$1,125,000
$1,300,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
48,000 SqFt
SOLD DATE : 09/20/2024
Key Details
Sold Price $1,125,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $23
MLS Listing ID 10173021
Sold Date 09/20/24
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1955
Annual Tax Amount $5,635
Tax Year 2022
Lot Size 4.540 Acres
Acres 4.54
Lot Dimensions 4.54
Property Description
407 UNIT SELF-STORAGE FACILITY. Former Gordon County Hospital, converted to self-storage facility, which has been home to Pine Street Rentals for the past 25+/- years. 407 TOTAL UNITS (35 climate-controlled units plus 372 standard storage units) plus additional parking storage spaces. So much history right here! The subject property is a 4.54+/- acre tract with a current zoning of C-2, located at the intersection of Pine Street and Hospital Circle in Calhoun. The property is improved with the main building of over 21,400 SF +/- above grade plus 10,400SF +/- in the basement (constructed in 1955); and 16 additional mini-warehouse buildings built circa 1998, with over 16,800 SF+/-. This totals over 48,000SF+/- UNDER ROOF!! Also on site are open parking spaces, which have been utilized for rentals as well. The facility consists of brick and metal construction, and most of the property is fenced with 6a chain link. Storage facilities are in high demand in the area, and this property offers TREMENDOUS UPSIDE POTENTIAL. Also possibilities for future re-conversion. Calhoun is the county seat of Gordon County, Georgia, which is located just off of I-75, the main north/south artery, with six entrance-exit ramps. As of the 2020 census, the city had a population of 16,949 (up from 15,650 in 2010) and the county had a population of 57,544 (up from 55,186 in 2010). Calhoun/Gordon County is strategically located just off I-75 in Northwest Georgia, with 45-60 minute access to both Chattanooga and Atlanta. CURRENT ZONING IS C-2. Do not miss this lucrative, income-producing investment to add to your portfolio!
Location
State GA
County Gordon
Zoning C2
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Parking Features Parking Lot
Fence Chain Link
Utilities Available Other
View Y/N No
Roof Type Metal
Garage No
Private Pool No
Building
Lot Description City Lot, Corner Lot, Level
Faces GPS friendly. On the corner of Pine Street and Hospital Circle.
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Tax ID C13 021
Special Listing Condition Fixer
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