See all 20 photos
20 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,250,000
Est. payment /mo
15,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $83
MLS Listing ID 1973590
Annual Tax Amount $11,000
Tax Year 2024
Lot Size 4.500 Acres
Acres 4.5
Property Description
New steel roofs installed on all buildings! Rare opportunity to acquire a well-maintained 123-unit self-storage facility with tremendous value-add potential on 4.5+/- acres! The property is in very good physical condition, but the current owner has not had the time to actively manage the facility or maximize rental income. A new owner with strong operational focus can unlock significant cash flow through market-rate rents and improved management--creating substantial instant equity. Based on projected market rents and estimated operating expenses, the property offers an estimated PRO FORMA 10.62 perc cap rate. Nearly 2 acres of green space to build more units! A quality asset with exceptional upside that's becoming increasingly difficult to find. Property sold AS IS.
Location
State WI
County Vernon
Zoning Commercial
Rooms
Basement None / Slab
Interior
Inclusions Buyer to verify all utilities, zoning, and measurements OR building requirements
Exterior
Exterior Feature Aluminum/Steel, Steel
Garage Spaces 40.0
Parking On Site 40
Roof Type Metal
Building
Story 1
Sewer Municipal Sewer, Municipal Water
New Construction N
Read Less Info
Copyright 2026 WIREX - All Rights Reserved
Listed by eXp Realty LLC
GET MORE INFORMATION