5491 Martin Street
Graceville, FL 32440
MLS# 787329
Status:
Under Contract - Taking Backups7000 sqft
Property DescriptionCURRENTLY UNDER CONTRACT - SELLER WILL CONSIDER BACKUP OFFERS!!! Looking for an investment opportunity with immediate cash flow? This well-maintained storage facility offers 7,000 square feet of storage space across three buildings and is currently about 80% occupied, providing steady income from day one.
The property features 66 total units in a variety of sizes, including 10x20, 10x10, and 5x10 units, appealing to a wide range of tenants. Even better, there is plenty of room to expand and add additional units, giving investors the opportunity to significantly increase revenue.
The fully fenced parcel adds value and flexibility, with the option for a new owner to implement controlled access or gated entry systems if desired. The subject property has already been divided from the parent parcel and includes the existing fenced area. Additional adjoining property is also available for purchase, offering even more room for expansion if desired.
Also included is an old grain bin (no longer in use) and a covered pole barn with open space underneath, formerly used for grain operations--offering additional storage potential or the opportunity for creative repurposing.
Whether you're looking to grow your investment portfolio or step into a turnkey income-producing property with upside potential, this one checks all the boxes!
List Price/SqFt: 42.84
List Date: 2026-03-24
List Price: $299,900
Current Price: $299,900
Sub-Type: Income Producing
Sub Area: 0905 - Jackson - Campbellton/Graceville/Cottondale
Community/Resort: None
Waterfront: No
Directions: From Cotton St in Graceville, turn left (west) onto White Ave (Hwy 2), turn 2nd right onto Martin St., property will be on the left.
Area: 09 - Jackson County
Street #: 5491
Street Name: Martin
Street Suffix: Street
County: Jackson
Subdivision: [No Recorded Subdiv]
Parcel ID: 34-7N-13-0172-0000-00M2
Legal Description: OR 515 P 368 COMM AT NWC OFNW1/4 OF SE1/4, RUN S 2* E 20FT TO S RTWY PELHAM AVE, S 88* E ALONG RTWY 528.90 FT TO FENCE LINE TO BEGIN, RUN S ALONG FENCE 669.69 FT, S 88* E 204.30 FT TO W RTWY MARTIN ST, N ALONG RTWY 671.13 FT TO S RTWY PELHAM AVE, N 88* W 186.93 FT TO POB... IN NW1/4 OF SE1/4... LESS .79AC PER OR 1393 P 878... OR 1560 P 819 OR 1650 P 765 OR 1827 P 620
List Class: Commercial
Acreage: 1.53
Construction Status: Construction Complete
SqFt Tot Bldg: 7000
Remarks: CURRENTLY UNDER CONTRACT - SELLER WILL CONSIDER BACKUP OFFERS!!! Looking for an investment opportunity with immediate cash flow? This well-maintained storage facility offers 7,000 square feet of storage space across three buildings and is currently about 80% occupied, providing steady income from day one.
The property features 66 total units in a variety of sizes, including 10x20, 10x10, and 5x10 units, appealing to a wide range of tenants. Even better, there is plenty of room to expand and add additional units, giving investors the opportunity to significantly increase revenue.
The fully fenced parcel adds value and flexibility, with the option for a new owner to implement controlled access or gated entry systems if desired. The subject property has already been divided from the parent parcel and includes the existing fenced area. Additional adjoining property is also available for purchase, offering even more room for expansion if desired.
Also included is an old grain bin (no longer in use) and a covered pole barn with open space underneath, formerly used for grain operations--offering additional storage potential or the opportunity for creative repurposing.
Whether you're looking to grow your investment portfolio or step into a turnkey income-producing property with upside potential, this one checks all the boxes!
Status: Under Contract - Taking Backups
Under Contract Date: 2026-05-19
Financing: Cash; Conventional
Other Structures: Pole Barn; Storage; Other; See Remarks
Site Description: Corner Location
Listing Office: Elite Realty
Last Updated: June - 10 - 2026
Information deemed reliable but not guaranteed.