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N18311 Us Highway 141 Pembine, WI 54156

For Sale
$399,900

High-yield storage facility, 58 units.

Property size:
2,400 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional investment opportunity in Pembine, Wisconsin, presents a substantial portfolio of income-generating self-storage units. The property comprises two parcels totaling 2.2 acres of land with high visibility from US Highway 141. The first parcel features two 40x60 mini-storage buildings, each containing 12 units (24 units total), all situated on concrete slabs. Significant expansion potential exists on this site. The second parcel includes a 40x112 structure housing 22 units and a 16x122 structure with 12 units. All buildings are well-maintained metal-clad wood frame structures. Currently, the facility boasts approximately 100% occupancy, generating substantial rental income. The majority of the 58 units (46 units) are 10x20 and rent for $50-$60 per month, depending on tenant tenure (approximately 34 units rent for $60/month). An additional 7 units measure 10x16 and rent for $40-$50 per month. Exterior lighting is provided via on-site electricity. The total square footage of the buildings is 2,400 square feet. Annual property taxes are approximately $893. This turnkey operation offers a rare chance to acquire a thriving commercial property with strong cash flow and significant upside potential. Don't miss this chance to own a well-established and profitable self-storage business.

Property Features for N18311 Us Highway 141

General Information

Property type
Other commercial real estate
Square Feet
2,400 SF
Lot Size
95,832 SF

Building Details

Year Built
1996

Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Florist

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

Location Insight

  • Map
  • Local Demand
City
Pembine
County
MARINETTE
State
Wisconsin
Longitude
-87.99531
Latitude
45.61973

FAQs

What type of property is this?
Commercial real estate - High-yield storage facility, 58 units.
Where is this commercial real estate located?
The property is located at N18311 Us Highway 141 Pembine, WI.
What is the asking price?
The asking price for this property is $399,900.
More about this property
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