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Profitable Storage Unit Business For Sale

6 Wells St Massena, NY 13662

6 Wells St, Massena, NY, 13662
$799,000
For Sale
Claim this Listing
$799,000

COMMERCIAL - Massena, NY

Property Size4,000 SF
Lot Size1.00 Acre
Price / SF$199.75
AddedOct 30, 2025
Days on Market260
Last RefreshJul 16 at 12:06 am

Property Features for 6 Wells St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
16.027-2-35, 16.027-2-36
Size
4,000 SF
Lot size
1.00 Acre

Utilities

Water source
Public

Building Details

Year built
2014
Building materials
Metal siding
Roof type
Metal
Architectural style
Other

Listing agent Diana Dufresne License #10371202021

Listing office 1st Class Realty Group 256 Main St, Massena, NY

Listing date Oct 30, 2025

MLS# 52109

Copyright © 2026 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property in Massena, NY, features a profitable storage unit business with approximately 100 well-maintained storage units. Storage Building 1 includes 14 units, with 4 units at 5x10 and 10 units at 10x10. Storage Building 2 includes 13 units, with 11 units at 5x10 and 3 units at 10x10. A large garage, approximately 20 x 32, is used for RV storage in the winter. The units are consistently full, with a waiting list, indicating high demand. The property is conveniently located in a high-traffic, easily accessible area. In addition to the storage unit operation, there are three additional homes on the property that may also be purchased, offering 5-6 potential rental units and a workshop, expanding income potential. The property size is 4000 square feet, situated on a 1-acre lot. The owner is retiring, presenting an opportunity for a new entrepreneur or investor.

Key Highlights

  • Profitable, turn‑key storage unit business with consistently full occupancy and a waiting list.
  • Approximately 100 well‑maintained storage units in excellent condition, many less than a year old.
  • Prime, convenient location in a high‑traffic, easily accessible area.

Local Financial Insights For Self Storage

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $57.6k $14.40
− Vacancy −$4.6k −$1.15
EGI $53.0k $13.25
− OpEx −$15.9k −$3.97
NOI $37.1k $9.27
4,000 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$529.9K
$463.7K – $618.2K (±1% cap)
NOI $37,094 @ 7.0% cap · market cap 4.64%
Second Best
Industrial
$352.7K
$308.6K – $411.4K (±1% cap)
NOI $24,686 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$992.4K
$868.3K – $1.16M (±1% cap)
NOI $69,466 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Law Firm HVAC Service Nail Salon Hair Salon Electrical Service Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Self storage facility - Established storage unit business with expansion potential in Massena, NY.
Where is this self storage facility located?
The property is located at 6 Wells St Massena, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Profitable, turn‑key storage unit business with consistently full occupancy and a waiting list.; Approximately 100 well‑maintained storage units in excellent condition, many less than a year old.; Prime, convenient location in a high‑traffic, easily accessible area.
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