Link Copied
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $8,282
Days Active 92
Approx. Age 2005
MLS® Number PAYK2084250

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This versatile commercial mini-warehouse complex presents a rare opportunity for investors seeking stable income with strong upside potential. The property features a total of 31 drive-up self-storage units ranging in size from approximately 12'x20' to 14'x24', offering flexible options for renters and consistent cash flow. Additionally, two large warehouse units, each approximately 1, 200 sq ft, are equipped with loading docks and drive-in ramp doors—one of which has been recently upgraded with a new edge-of-dock leveler—making them ideal for small businesses or contractors in need of secure workspace and access. Complementing the commercial spaces are two single-family homes on-site, both of which are tenant-occupied and contribute to the monthly rental income. The property also includes 1.5 acres of newly revamped outdoor storage space—graded, cleaned, and now actively being marketed for lease—perfect for RV, trailer, or contractor equipment storage. Current monthly rental income stands at $8, 927, with four storage units still available for lease, and several long-term tenants still paying below market rates, offering immediate opportunities to increase revenue. The entire tenant base is managed through an electronic payment software system, streamlining collections and eliminating the need to handle cash or checks. Since ownership, major capital improvements have been made including new roofing, gutters, and modernization of leases and tenant management systems. The property is zoned Commercial – Mini Warehouse and also includes over 5 acres of additional wooded, commercially zoned land that adds to its long-term value. Operating at a 7% cap rate based on current income—with rising rents and continued lease-up efforts underway—this asset is well-positioned for further financial growth. The owner’s responsibilities are minimal, limited to real estate taxes, exterior lighting, and landscaping for the lower lot, making this a low-maintenance, high-yield investment. Whether you're an experienced investor or expanding your portfolio, this property offers multiple income streams, quality improvements, and a strong foundation for long-term returns.Show Description
MLS® NumberPAYK2084250
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CNone
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing