For Sale
$389,000

565 Charcoal Rd Stamford, NY 12167

Thriving Self Storage Business, Great Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 44-unit self-storage facility situated on a 5-acre lot in Stamford, New York. The property boasts 10,000 square feet of net rentable space housed within three single-story buildings, currently generating a net operating income (NOI) of $38,000. The property is zoned for mixed use, offering significant expansion potential. The current owner is motivated to sell and is open to assisting with the transition. All existing inventory, including tow trucks, plow trucks, and salvaged vehicles, is included in the sale price (or can be removed at the same price). All necessary permits are transferable to the new owner. The property also includes a two-bay garage with a lift, capable of accommodating six vehicles, and several additional outbuildings. This turnkey operation presents a unique opportunity to acquire a profitable self-storage business with additional income streams, potentially from automotive repair and towing services. The property's rural location offers spectacular views and is conveniently located near a major state road, between Stamford village and Grand Gorge, neighboring DEP land and agricultural businesses. The asking price for this remarkable property is $389,000.

Highlights

  • 44-unit self-storage facility on a 5-acre lot in Stamford, NY.
  • 10,000 square feet of net rentable space in three single-story buildings, generating $38,000 NOI.
  • Mixed-use zoning allows for expansion.
  • Turnkey operation includes all inventory (tow trucks, plow trucks, salvaged vehicles), a two-bay garage with lift, and outbuildings.
  • $389,000 asking price.

Property Details for 565 Charcoal Rd

Property type
Self storage facilities
Square Feet
8,000 SF
Buildings
3
Stories
1
Lot Size (sq. ft)
217,800 SF
Units
44

Location Insight

City
Stamford
County
Delaware
State
New York
Latitude
42.3937419
Longitude
-74.557931

FAQs

What type of property is this?
Self storage facility - Thriving Self Storage Business, Great Potential
Where is the self storage facility located?
The property is located at 565 Charcoal Rd Stamford, NY.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 44-unit self-storage facility on a 5-acre lot in Stamford, NY.; 10,000 square feet of net rentable space in three single-story buildings, generating $38,000 NOI.; Mixed-use zoning allows for expansion.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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565 Charcoal Rd
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