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340 Cimarron Drive, Box Elder, SD 57719

$329,000
Commercial Property MLS# 56289 ID: 49543781
$329,000 Get Rates

UNIQUE OPPORTUNITY!!
Unique opportunity to own 3.56 acres on Cimarron Drive in fast growing area of Box Elder. American Storage mini-storage warehouse is 258x40 with 57storage units of varying size and one fenced outside yard space.Brand new roof! Much of the value of this property is in the lot and the possibilities of additional development! See associated docs for details on size and current rents. There is also one outside rental yard. The roof is brand new. Thanks to vandalization and mismanagement by a past property manager, the current occupancy rate is roughly 25% - leaving tons of room for income growth. Many new homes going up in the surrounding developments. Many new business going in on Cimarron Drive. Great location! Great opportunity! Bring your creative ideas. Call Faith Lewis (605-863-0725) for details and to arrange a showing. Seller bought this property in 2007 for $310,000. Seller has never raised rents. If purchaser had enough resources to pay off seller's mortgage and closing expenses, seller would consider carrying a contract for deed on the rest. Be creative! Here is web site -http:/ /americanstorage.biz/

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Property Features for 340 Cimarron Drive
Status
Market Status
Available
Last Updated
February 9, 2018
Description
Property Type
Commercial Property
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Faith Lewis, Custer Real Estate



Lewis Realty, Custer SD



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More information about this $329,000 Commercial Property at 340 Cimarron Drive

This $329,000 Commercial Property at 340 Cimarron Drive in Box Elder, SD is offered by Faith Lewis. This $329,000 Commercial Property is located in the 57719 zip code. This 340 Cimarron Drive Commercial Property, located in Pennington County , is listed under MLS listing number 56289 and has a listing price of $329,000. You can find more of Faith Lewis's listings by browsing Faith Lewis homes for sale at HomesAndLand.com, or even more BOX ELDER homes for sale here.