2984 S Sweetwater Park Dr, Garden City, UT 84028

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List Price
$1,850,000
Status
ACTIVE
MLS#
2191388
Days on Market
30
Year Built
1986
Parcel Number
36-03-000-0018
Acres
4.38
County
Rich
Region
Garden Cty; Lake Town; Round

Property Description

Sweetwater Storage offers a unique investment and expansion development opportunity in Garden City near Bear Lake. Situated on 4.38 acres, the property currently includes 32 enclosed storage units, a large 8,000 SF (80' x 100') shop/storage building, and 46 uncovered parking spaces that can accommodate additional boat, RV, and vehicle storage. A major component of the opportunity is the property's future expansion potential. The current ownership has completed substantial planning and entitlement work for the development of additional storage units on the property. Approved plans are in place for approximately 131 ADDITIONAL UNITS / ~56,000 SF OF ADDITIONAL STORAGE, giving a new owner the opportunity to expand the facility without starting the development process from scratch. Plans and additional development information are available after an accepted offer. With 4.38 acres, an established storage operation, additional outdoor parking, a large shop building, and plans in place for future expansion, Sweetwater Storage offers multiple existing and future income streams in the Bear Lake market. Owner/Agent

Additional Information

Taxes
$3,531

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Listing courtesy of Investment Realty Advisors LLC.

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