CA > Gerber
Gerber, CA 96035,7965 State Highway 99w
Gerber, CA 96035,7965 State Highway 99w
Gerber, CA 96035,7965 State Highway 99w
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$1,700,000
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4.47 Acres Lot
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7965 State Highway 99w Gerber, CA 96035

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Matt Giove

Matt Giove

+1(530) 401-8196

UPDATED:

09/06/2024 03:53 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224099399

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1985

Lot Size 4.470 Acres

Acres 4.47

Property Description

This self-storage investment opportunity in Northern CA between the greater Chico and Red Bluff metro area. U-Lok Mini Storage enjoys a prime location close to Highway 5 and facing Old Highway 99W and offers exclusively drive-up units. This business has been established since the 1980s with a history of high occupancy and 4.6-star Google review. U-Haul rental sales have grown 5 times in our 2nd year of operation. It has 18,538 net rentable square feet with total 124 storage units, 8 outdoor RV 15x40 parking spaces (expandable), and 3 acres of additional land for expansion. A fully renovated 2 story apartment consists of one 2 bed 2 bath unit and one 1 bed 1 bath manager's unit both are rented. With the potential to apply for the 2-car garage conversion to create another 1 bed 1 bath unit. U-Haul Authorized Dealer business with trucks rental and moving supply sales. Free from flood and fire zones with very affordable commercial property and casualty insurance cost. This will be a great passive income property for multiple types of investors, whether it is retirees by living onsite and collecting stable monthly income streams or multifamily investors hybrid into a mature self-storage investment.

Location

State CA

County Tehama

Area 15000

Direction Coming from Sacramento, head right at Exit 636 Gyle Road and follow signs for Gyle Road. Turn Right onto Gyle Road/ County Hwy-A11 towards Los Molinos/Tehama and drive 1.7 miles. Turn Left onto CA-99W/State Highway 99W. Approximately drive 1.6 miles until you arrive at 7965 State Highway 99W.

Location Details Freeway Nearby

Interior

Heating Heat Pump

Cooling Heat Pump, See Remarks, Other

Flooring Vinyl, Concrete, See Remarks, Other

Exterior

Parking Features Open, Garage, Leased Parking Area

Utilities Available Backup Generator, Telephone, Internet Available

Water Access Desc Well

Roof Type Composition

Topography Level

Building

Sewer Septic System

Water Well

Others

Senior Community No

Tax ID 063-160-008-000

Special Listing Condition None

MetroList® Services, Inc (RESO)
Listed by Keith Caldwell Real Estate

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Matt Giove

Agent | License ID: 02112881

+1(530) 401-8196

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7965 State Highway 99w