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$230,000
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Property 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 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!
Full Property Details
Full Property Details for 5491 Martin St
General
- Sold For: $230,000
- Status: Closed
- Type: Commercial
- Source: Bay_County
- MLS ID: 787329
- Added to Site: 126 day(s) ago
Location
- County: Jackson
- Subdivision: [No Recorded Subdiv]
- Driving 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.
Community
- Community Name: 09 - Jackson County
Structural Information
- Year Built: 1992
Additional Structures
- Other Structures: Other, See Remarks, Storage
Lot Features
- Lot Size (Acres): 1.53
- Lot Size (Sq. Ft.): 66,646.8
- Lot Size: 1.53
Disclosures and Reports
- Special Conditions: Listed As-Is
- 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
- Property ID: 34-7N-13-0172-0000-00M2
Listed and Sold by Elite Realty
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Schools
Schools serving 5491 Martin St
School District:Jackson County School District, Marianna, FL
| Name | Grades | Distance |
|---|---|---|
Graceville High School 5539 Brown Street, Graceville, FL 32440 | K-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5491 Martin St
Date
Details
Price
Change
Source
6/26/2026
Sold
$230,000
-23.31%
MLS
3/24/2026
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5491 Martin Street, Graceville, FL 32440 (MLS# 787329) is a Commercial property that was sold at $230,000 on June 26, 2026. Want to learn more about 5491 Martin Street? Do you have questions about finding other Commercial real estate for sale in Graceville? You can browse all Graceville real estate or contact a Coldwell Banker agent to request more information.

