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Self-Storage Facility with 383 Units
For Sale
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217 E Pearl St, Portland, IN 47371

Self-storage facility featuring 383 units and 44,180 NRSF for sale.

Property Size44,180 SF
Price / SF$47.53
Days on Market162

Property Features for 217 E Pearl St

General Information

Standard status Active
Size 44,180 SF
Property subtype Retail, Self Storage
Occupancy 65%
Investment Type Value Add
Net Operating Income $139,552

Building Details

Year Built 1985
Year Renovated 2013
Buildings 16
Stories 1
Units 383
Listing Agency: Franklin Street Tampa
Listed By: Frank DeSalvo · License #FL
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 8 at 2:43PM

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 Franklin Street Tampa

Investment Insights

Based on property information with market context.

This commercial real estate offering is a self-storage facility located in Portland, IN. The property features 383 units, totaling 44,180 net rentable square feet. The property is being offered for sale.

Key Highlights

  • 383 Units of self storage available
  • Offering 44,180 NRSF
  • Priced at $52/NRSF

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Law Firm Gym & Fitness Center Big Box & Wholesale 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

437
Businesses Nearby

Demographics for 47371, IN

12,143
Population
5,458
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
85%
High-School Grad
219.6 sq mi
ZIP Area
55
Density / Sq Mi
$59,215
Median Household Income
$38,031
Median Earnings
$746
Median Rent
$116,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Self-storage facility featuring 383 units and 44,180 NRSF for sale.
Where is this self storage facility located?
The property is located at 217 E Pearl St Portland, IN.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 383 Units of self storage available; Offering 44,180 NRSF; Priced at $52/NRSF
(949) 942-6585 Call to check price and availability
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