McAlester Storage and Climate Controlled Conversion

Investment Overview

Diversified Revenue Streams: The property generates income from multiple on-site operations, including Davis Buildings storage units grossing approximately $54,000 annually, a U-Haul dealership grossing approximately $40,000–$50,000 annually, and an Amazon Hub operation grossing approximately $30,000-$40,000 annually. Combined, these operations generate approximately $130,000–$140,000 in annual gross revenue. Established Furniture Business Available: The property has been home to a successful furniture storage and retail business for many years, offering both new and used quality furniture. The owners are willing to include the furniture business and existing inventory for an additional $350,000, providing a potential buyer with an established operating business and additional revenue stream. Immediate Climate-Controlled Conversion Upside: The existing storage component maintains strong occupancy, while the property offers significant value-add potential through the conversion of approximately 10,809 SF into climate-controlled self-storage. The furniture building is already fully heated and cooled, featuring five air-conditioning units and a dedicated mechanical room for the heating systems. An existing loft area can also be removed, creating ceiling heights of approximately 16 feet and providing flexibility for the future storage layout. Flexible 1.74-Acre Site with Expansion Potential: The property's approximately 1.74-acre site provides significant flexibility for future expansion or alternative uses. In addition to constructing additional self-storage buildings, the site offers potential for a variety of commercial and industrial uses, including light manufacturing, automotive sales, trucking or transportation operations, additional warehouse space, and other compatible commercial uses, subject to applicable zoning and approvals. High-Visibility U.S. Route 69 Location: Strategically positioned along U.S. Route 69 with traffic counts exceeding 27,000 vehicles per day, the property benefits from excellent visibility and regional accessibility, including convenient connectivity toward Tulsa and the Dallas–Fort Worth Metroplex. Diverse Employment Base: The McAlester market benefits from a strong and diversified employment base anchored by major regional employers, including the McAlester Army Ammunition Plant (MCAAP), Choctaw Casino & Resort, and a variety of manufacturing and industrial employers.