5491 Martin Street, Graceville, FL 32440

$230,000
Property Type: Commercial for Sale Square Footage: 7,000 Lot Size (sq. ft.): 66,647 Status: Sold
Current Price: $230,000 List Date: 3/24/2026 Last Modified: 6/26/2026

Overview

Description

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 10×20, 10×10, and 5×10 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 underne

Listing Details MLS# 787329

Contract Info

List Price/SqFt
42.84
Sub-Type
Income Producing

Location

Area
09 – Jackson County
Street #
5491
Street Name
Martin
Street Suffix
Street
State
FL
Zip Code
32440
County
Jackson
Sub Area
0905 – Jackson – Campbellton/Graceville/Cottondale
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
No
Parcel ID
34-7N-13-0172-0000-00M2
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.
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

General Property Info

List Class
Commercial
Construction Status
Construction Complete
Acreage
1.53
SqFt Tot Bldg
7000
Year Built
1992

Status Change Info

Under Contract Date
2026-05-19
Sold Date
2026-06-26
Sold Price/SqFt
32.86
Sold Price/Acre
150326.8

Income Producing

Year Built
1992

Office

# of Units
68

More Information

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
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 10×20, 10×10, and 5×10 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!

Other Structures

Pole Barn
Yes
Storage
Yes
Other
Yes
See Remarks
Yes

Farm Info

Fenced
Yes

Financing

Cash
Yes
Conventional
Yes

Sale Type

As Is
Yes

Floors in Unit/Home

One
Yes

Site Description

Corner Location
Yes

Property Features

Farm Info: Fenced Financing: Cash; Conventional Other Structures: Pole Barn; Storage; Other; See Remarks Sale Type: As Is Site Description: Corner Location
Listing Office: Elite Realty
Last Updated: June – 26 – 2026
Information deemed reliable but not guaranteed.