Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1945
Sq.Footage
3,780
Rare commercial investment opportunity featuring 21 self-storage units, each approximately 9' x 20', providing secure, dry storage with outstanding income-producing potential. The property also includes a large storage yard and additional parking area, offering flexibility for outdoor storage, contractor parking, fleet vehicles, trailers, equipment, or future expansion, subject to applicable approvals. The current self-storage operation is an established grandfathered nonconforming use that applies to the included parcels, allowing the continued operation of the existing self-storage facility. This presents a unique opportunity for investors to acquire an established income-producing property while benefiting from its existing use and future upside. Public water, sewer, and electric are available on-site, adding to the property's long-term value and development flexibility. This offering includes three parcels that encompass the self-storage facility: 337-48410-0-0000, 337-48420-0-0000, and 337-38380-0-0000. Parcel 337-43170-0-0000, the adjacent flat undeveloped lot, is specifically excluded from this sale. Whether you're expanding your investment portfolio or seeking a value-add commercial asset, this property offers tremendous potential. Lease-up and stabilization of all 21 storage units, combined with income from the additional storage yard and parking area, provide the opportunity to significantly increase cash flow. Existing utilities, multiple parcels, and the established grandfathered self-storage use make this a rare offering with immediate income potential and long-term upside. Buyer is responsible for verifying zoning, permitted uses, nonconforming use status, parcel information, measurements, and any future development opportunities. Fully stabilized with a projected rental pro forma of $46,494.00. Additionally, the sale includes 11 new roll-up garage doors for the new owner, providing added value and reducing near-term capital improvement costs.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Metal Siding, Wood Siding
-
Parking
Paved, Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.33
-
Lot Size(square feet)
14375.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$479,500
-
Tax Amount
$855
-
Zoning
Grandfathered Non Conforming self storage use
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
New Construction
NO
-
Accessibility Features
Accessible Doors
-
Foundation Details
Block, Concrete Perimeter, Permanent, Slab, Stone
-
Water Source
None
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Location
County
LANCASTER
Elementary School
Middle School
High School
Listing Courtesy of Thomas Mickey Snyder Jr. , Keller Williams Elite
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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