For Sale
$2,300,000

1631 Mcclain Ave Scottsburg, IN 47170

High-Yield Storage Units, 8+ Acres

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a thriving self-storage facility in Scottsburg, Indiana. Boasting 141 enclosed storage units and 40 exterior parking spaces, this property generates substantial rental income with current monthly rents ranging from $50 to $155. All units are currently occupied, and a waiting list demonstrates strong demand. The property sits on over eight acres (subject to survey), offering significant potential for expansion. The main office building includes a reception area, a private office, and a restroom. Unit sizes vary, ranging from compact 5x6 units to larger 12x40 units, catering to a diverse clientele. The seller will consider a parcel split, offering the storage units and office building separately for $1,700,000 and the remaining ten-plus acres for $650,000. The property is subject to an easement, and a survey will be completed and recorded before closing. This turnkey operation presents a rare chance to acquire a profitable, established business with considerable growth potential. The high occupancy rate and existing waiting list underscore the strong market demand and the property's inherent value. Don't miss this chance to secure a lucrative investment in a rapidly growing market.

Property Details for 1631 Mcclain Ave

Property type
Commercial real estate

Location Insight

City
Scottsburg
County
Scott
State
Indiana
Latitude
38.68304
Longitude
-85.79721

FAQs

What type of property is this?
Commercial real estate - High-Yield Storage Units, 8+ Acres
Where is the commercial real estate located?
The property is located at 1631 Mcclain Ave Scottsburg, IN.
What is the asking price?
The asking price for this property is $2,300,000.
How can I contact the broker?
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1631 Mcclain Ave
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