601 W FRANK STREET, GRAND SALINE, TX 75140
Homes for sale in Grand Saline.
Homes for sale in 75140.
List Price$175,000
601 W Frank Street
Grand Saline, TX 75140
Listing #21162836
About This Property
Turn-key and profitable 20-unit self-storage facility with room for more units on approximately 0.89 acres near downtown Grand Saline, just off the street of the grocery store in town. Ten of each, 10x10 and 10x20 units with metal construction, concrete slab, and roll-up doors for low maintenance and long-term durability. Units historically run about 90--100% occupied with many long-term, loyal tenants, providing steady monthly income with minimal day-to-day management. The property layout offers plenty of room to add additional buildings on the nearly 1-acre lot to significantly increase future rental income. High-visibility location near the main traffic corridor and grocery store creates strong drive-by exposure and consistent demand in this growing East Texas community. Van Zandt county's population has climbed over the last decade, supporting continued self-storage needs for residents, small businesses, and weekend visitors. All-metal walls and metal roof on concrete, plus individual metal roll-up doors, make this an easy-to-own asset with simple upkeep compared to many other commercial properties. Some additional potential for a new owner to have an even better upside remains through modest rent increases, basic social media marketing, and building out more units on the remaining land to maximize the site's income potential. Ideal for an entry-level or seasoned investor seeking stable cash flow with expansion potential in a tight East Texas storage market." New survey.
Property Features
Location Information
County
Van Zandt
Subdivision
Richardsons Add 01
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
None
Tenant Pays
All Utilities
Cooling
None
Total Number of Units
20
Exterior Features
Construction
Aluminum Siding, Metal Siding, Concrete
Lot Size in Acres
0.896
Foundation
Slab
Lot Size in Sq. Ft.
39,029
Roof
Metal
Zoning
Commercial Residential
Utilities
None
Building Total Area (Sq. Ft.)
3,060
Security System
Other
Road Description
City Street
Parking Description
Additional Parking, Common, Drive Through, Driveway, Off Street
Is One Story
No
Lot Description
Cleared, Rolling Slope, Few Trees
Lot Description
Cleared, Rolling Slope, Few Trees
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
3159.0
Property SubType
Business
Documents Available
Aerial, Survey
Year Built
1975
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$815
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$630
Monthly Tax
$145
Monthly Insurance
$40
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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