601 W FRANK STREET, GRAND SALINE, TX 75140

Homes for sale in Grand Saline.

Homes for sale in 75140.


Active

List Price$175,000

601 W Frank Street

Grand Saline, TX 75140

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21162836

3,060

Square Feet

20

Number of Units

Commercial

Type

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

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$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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