7965 State Highway 99w Active Save Request In-Person Tour Request Virtual Tour
Gerber,CA 96035
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
Garage 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