Gulf Commercial Brokerage is pleased to present 603 W. Upshur Avenue in Gladewater, Texas, a value-add mixed-use investment combining newly developed climate-controlled self-storage with retail space along a highly visible commercial corridor.
The 13,500-square-foot property is situated on approximately 0.85 acres and includes 62 climate-controlled storage units totaling approximately 6,422 square feet of leaseable storage space, along with approximately 4,500 square feet of retail space.
The climate-controlled storage component is currently in lease-up, providing a new owner the opportunity to capture additional revenue as occupancy increases toward stabilization. The retail space provides an additional value-add opportunity through lease-up to a market-rate tenant, creating the potential for diversified income from both storage and retail operations.
Located along W. Upshur Avenue, one of Gladewater's primary commercial corridors, the property benefits from strong visibility, convenient access and proximity to the broader Longview market.
The property offers an attractive opportunity for an investor seeking a recently developed asset with multiple avenues for NOI growth through continued storage lease-up, retail stabilization and professional management.