Building Details

Year Built 1980

Listing Agency: Coldwell Banker Action

Listed By: Steven LaCerte · License #WI

Source: Crexi

Added: Jun 9 Changed: Jul 10 Last Checked: Aug 4 at 9:44AM

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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

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick Dental Office Hair Salon (Bike/Boat/Book/etc) Store Nail Salon Furniture & Home Goods Auto Parts 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.

Lease Details

100%

Occupancy

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

109

Businesses Nearby

Explore this area Business Placement

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

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 Street Birnamwood, WI.

What is the asking price?

The asking price for this property is $189,900.

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