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Updated over 5 years ago on . Most recent reply

User Stats

38
Posts
13
Votes
Kris Rudge
  • Rental Property Investor
  • Greensburg, PA
13
Votes |
38
Posts

Old grocery store to self-storage units!

Kris Rudge
  • Rental Property Investor
  • Greensburg, PA
Posted

I just listened to Bigger Pockets Podcast show 388 with AJ Osborne. In the last few minutes of the podcast he tells a story about a guy that came to him with a contract for a closed grocery store that he wants to convert into a self-storage units. Once I heard that I thought that is a great idea. A few streets away from where I live in Greensburg, Pa is a grocery store that has been closed for 2 years. The grocery store is 43,000 SF on 5 acres of property. The building has a new roof but that is about it. The heating and cooling will need replaced. The asking price is $1.9 Million. I’m reaching out to the Bigger Pockets community in search for a team of individuals. My idea would be to find someone for the money, someone with self-storage experience, and my role would be the boots on the ground, getting the permits needed for all the work, and getting the contractors needed. Any advice is greatly appreciated. I am very new to this whole thing and everything I’ve ever heard on BP are “small deals take just as much work as large deals”! Thank you for any and all help BP family, and stay safe in these crazy times we are living in.

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