$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
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $23
MLS Listing ID 7227101
Sold Date 09/20/24
Construction Status Fixer
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1955
Annual Tax Amount $5,635
Tax Year 2022
Lot Size 4.540 Acres
Acres 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 6’ 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. Don’t miss this lucrative, income-producing investment to add to your portfolio!
Location
State GA
County Gordon
Zoning C2
Lake Name None
Rooms
Other Rooms Storage - Other
Basement Partial
Interior
Interior Features Other
Heating None
Cooling Other
Flooring Concrete, Other
Window Features None
Exterior
Garage Parking Lot
Fence Chain Link
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Metal
Street Surface Paved
Accessibility Accessible Doors, Accessible Hallway(s)
Handicap Access Accessible Doors, Accessible Hallway(s)
Total Parking Spaces 10
Private Pool false
Building
Lot Description Free Standing
Story One
Foundation See Remarks
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick 4 Sides,Metal Siding
New Construction No
Construction Status Fixer
Others
Senior Community no
Tax ID C13 021
Special Listing Condition None
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Bought with Non FMLS Member