Established Storage Facility with Expansion
For Sale
$299,500
Pending
2037 Kern Avenue, Rice Lake, WI 54868
Turnkey storage facility with income and expansion opportunities.
Property Size4,500 SF
Lot Size0.95 Acres
Days on Market678
Property Features for 2037 Kern Avenue
General Information
Standard status
Pending
Size
4,500 SF
Lot size
0.95 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$1,715
Building Details
Year Built
1970
Listing Agency:
Royal LePage-Comox Valley (CV)
(250) 334-3124
Listed By:
Michael Anderson · License #76367-94
(250) 465-0624
Source:
Exitrealty
Added: Nov 5, 2024
Changed: Sep 10
Last Checked: Sep 13 at 4:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Royal LePage-Comox Valley (CV)
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire an established rental storage facility with expansion potential. The offering includes four lots, two of which are currently vacant, and two with existing buildings. The main building measures 45x100 feet and features a 17-foot high by 45-foot wide main door; this building is currently leased. A second building, measuring 30x40 feet, contains three overhead doors and is also fully leased. Additionally, the property includes two 8x40 foot Connex containers used for rental storage. Two vacant lots offer the possibility of further development. The property benefits from in-town access directly off a main city street.
Key Highlights
- Established rental storage business providing immediate income from existing leases.
- Four lots included, with two vacant lots offering future expansion possibilities.
- Main building (45x100) features a large (17'H x 45'W) door and is currently leased.**
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 54868, WI
15,785
Population
7,640
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
94%
High-School Grad
212.0 sq mi
ZIP Area
74
Density / Sq Mi
$64,567
Median Household Income
$40,474
Median Earnings
$850
Median Rent
$199,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Turnkey storage facility with income and expansion opportunities.
Where is this self storage facility located?
The property is located at 2037 Kern Avenue Rice Lake, WI.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Established rental storage business providing immediate income from existing leases.; Four lots included, with two vacant lots offering future expansion possibilities.; Main building (45x100) features a large (17'H x 45'W) door and is currently leased.**
