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Income-Producing Storage Facility
For Sale
$184,900

350 Mill St, Birnamwood, WI 54414

Fully occupied self-storage facility with low operating costs and room to expand on its 1.11-acre parcel.

Property Size3,264 SF
Lot Size1.11 Acres
Price / SF$56.65
Days on Market109

Property Features for 350 Mill St

General Information

Standard status Active
Size 3,264 SF
Lot size 1.11 Acres
Occupancy 100%

Additional Details

Business Included Yes
Listing Agency: COLDWELL BANKER ACTION
Listed By: STEVEN LACERTE · License #5241090
Source: Exprealty
Added: Jun 4 Changed: Sep 17 Last Checked: Sep 19 at 12:18PM

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 COLDWELL BANKER ACTION

Investment Insights

Based on property information with market context.

This income-producing self-storage facility is built on approximately 1.11 acres and contains 18 storage units. The property is currently fully occupied. Unit mix includes 12 larger units renting at $60 per month and 3 smaller units renting at $25 per month, along with additional units renting at $35 and $45 per month. Recent improvements include a new steel roof intended to help reduce future maintenance.

The facility is supported by two solar-powered WiFi security cameras, providing on-site security without electrical service connected to the units. The property notes no electricity connected to the units, which is intended to keep operating expenses low.

With its existing occupancy and practical unit configuration, this property may fit investors seeking an established storage operation. The spacious parcel also provides room to add additional storage units, offering a straightforward path to increase the facility’s unit count. Buyers should review the unit mix, current occupancy, and expansion plans during due diligence.

Key Highlights

  • Fully occupied storage facility with 18 total storage units on approx. 1.11 acres
  • Current unit mix and rents: 12 large units at $60/mo and 3 small units at $25/mo, plus additional units at $35/mo and $45/mo
  • Recent improvement: new steel roof

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store Hair Salon Auto Repair Shop

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

Lease Details

100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

Demographics for 54414, WI

3,240
Population
1,475
Households
2.2
Avg Household Size
44
Median Age
13%
College-Educated
94%
High-School Grad
131.6 sq mi
ZIP Area
25
Density / Sq Mi
$75,000
Median Household Income
$46,065
Median Earnings
$611
Median Rent
$185,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Fully occupied self-storage facility with low operating costs and room to expand on its 1.11-acre parcel.
Where is this self storage facility located?
The property is located at 350 Mill St Birnamwood, WI.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Fully occupied storage facility with 18 total storage units on approx. 1.11 acres; Current unit mix and rents: 12 large units at $60/mo and 3 small units at $25/mo, plus additional units at $35/mo and $45/mo; Recent improvement: new steel roof
More about this property
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