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Alexander Dempsey

alex@inter-state.realestate +1(715) 681-2879

$200,000

Est. payment - /mo

4,800 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $41

MLS Listing ID 220104

HOA Y/N No

Year Built 2005

Annual Tax Amount $1,674

Tax Year 2025

Lot Size 2.000 Acres

Acres 2.0

Lot Dimensions 388x264

Property Sub-Type Warehouse

Property Description

INVESTMENT OPPORTUNITY WITH ROOM TO GROW! Situated on 2 acres along a county road, this established mini-storage facility offers immediate rental income PLUS potential for future expansion! Built in 2005, the 4,800 sq. ft. building features steel siding, steel roof, wood-stud construction and 24 individual storage units. Unit sizes include three 10'x10' units renting for $45/month, eighteen 10'x20' units at $70/month and three 10'x30' units at $90/month. Interior partition walls are movable, allowing unit depths to be adjusted to accommodate changing storage needs. Insulated construction helps minimize condensation on interior walls, while concrete floors with raised perimeter curbing help prevent surface water intrusion. Individual overhead doors provide convenient access, and the spacious gravel approach allows room for maneuvering vehicles and trailers. Electric is available at the lot line for potential future improvements. Currently approximately two-thirds occupied despite NO advertising over the past two years, offering an opportunity to increase income through renewed marketing efforts. At current rental rates, full occupancy represents $19,980 in potential annual gross rental income before expenses and vacancies. The spacious 2-acre parcel offers room to explore additional storage buildings or complementary uses, subject to applicable zoning and approvals. Rather than starting from scratch, a new owner can build upon an established business with existing tenants, available storage capacity and land for possible expansion. Whether you're an experienced investor looking to diversify your holdings or someone seeking an entry into the mini-storage business, this property offers an appealing combination of existing income, adaptable storage space and untapped potential. The building is here, the opportunity is waiting, and the next chapter is yours to write!

Location

State WI

County Taylor

Direction Hwy 51 to Hwy 64W to R/North on Hwy C to property on the right

Interior

Heating None

Flooring Concrete

Fireplace No

Exterior

Parking Features Unpaved, Driveway, Shared Driveway

Utilities Available Electricity Available, Sewer Not Available, Water Not Available

Water Access Desc None

Roof Type Metal

Road Frontage Highway

Building

Lot Description Level, Open Space, Rural Lot

Sewer None

Water None

Others

Tax ID 014-00342-0003

Ownership None

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Listed by RE/MAX PROPERTY PROS - TOMAHAWK

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Alexander Dempsey

+1(715) 681-2879

Team Lead

N3242 CTH C Medford, WI 54451

Alexander Dempsey

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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