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Self-Storage Property with Apartment
For Sale
$695,000

5689 Highway 290, Mc Kee, KY 40447

Operating rental facility with multiple buildings, covered storage, and on-site residential quarters.

Property Size704 SF
Price / SF$987.22
Days on Market808

Property Features for 5689 Highway 290

General Information

Standard status Active
Size 704 SF
Listing Agency: Keller Williams Commonwealth
Listed By: Robert L Linville · License #265585
Source: Exprealty
Added: Jun 15, 2024 Changed: Aug 30 Last Checked: Aug 30 at 6:18PM

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 Keller Williams Commonwealth

Investment Insights

Based on property information with market context.

This self-storage property includes 52 rental units with varied dimensions, a 3,744-square-foot wooden barn, and a 72' x 84' red building/barn. The wooden structure has three driveways, three storage bins, and a block-and-concrete foundation. The larger barn includes a 14' x 36' storage area and capacity for approximately five RV units.

A 32' x 22' apartment with two bedrooms and two bathrooms connects to a 36' x 60' garage. The apartment features double insulation in its walls and ceiling. An eight-camera security system conveys with the sale. The property is accessed by blacktop and gravel driveways and occupies approximately 5.50+ acres in McKee, Kentucky, at 5689 Highway 290. Current occupancy is 94%, and the site has room for additional storage units, apartments, or houses.

Key Highlights

  • 94% occupancy across 52 storage units
  • Approximately 5.50 + acres at 5689 Highway 290, Mckee, KY
  • Unit mix includes 4 - 8'x9', 2 - 8'x10'', 24 - 10'x10', 12 - 10'x12', 9 - 8.5'x14', and 1 - 14'x30'

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 40447, KY

7,410
Population
3,797
Households
2
Avg Household Size
43
Median Age
8%
College-Educated
69%
High-School Grad
243.4 sq mi
ZIP Area
30
Density / Sq Mi
$28,795
Median Household Income
$30,145
Median Earnings
$705
Median Rent
$102,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Operating rental facility with multiple buildings, covered storage, and on-site residential quarters.
Where is this self storage facility located?
The property is located at 5689 Highway 290 Mc Kee, KY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 94% occupancy across 52 storage units; Approximately 5.50 + acres at 5689 Highway 290, Mckee, KY; Unit mix includes 4 - 8'x9', 2 - 8'x10'', 24 - 10'x10', 12 - 10'x12', 9 - 8.5'x14', and 1 - 14'x30'
More about this property
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