Turn-Key Mini Storage
370 S Sheridan St York, PA 17401
New
370 S Sheridan St, York, PA, 17401
$799,000
For Sale
$799,000
46-unit mini storage facility with security-gated interior units and drive-up exterior access.
Property Size8,924 SF
Price / SF$89.53
Days on Market2
Property Features for 370 S Sheridan St
General Information
- Standard status
- Active
- Size
- 8,924 SF
Building Details
- Year Built
- 2017
Listing agency
Berkshire Hathaway HomeServices Homesale Realty
(717) 577-6077
Listed by
Kim E Moyer · License #AB046829A
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 4:18PM Checked: Jul 21 at 4:18PM
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 Berkshire Hathaway HomeServices Homesale Realty
Investment Insights
Based on property information with market context.
This turn-key mini storage facility offers 46 individual storage units housed in a durable block building. Units 1–31 are located within a security-gated area, and Unit 31 is currently configured as an on-site office. Units 32–46 are positioned along the exterior of the building for convenient drive-up access. Each unit is equipped with an overhead, garage-style door and heavy-duty locking systems.
The property is situated on a corner parcel with convenient ingress and egress and is located just off Richland Avenue near BAE Systems in York’s west end. York College and the future York Creek Redevelopment Project are minutes away.
The facility is described as extremely clean, well-organized, and operating efficiently, providing an immediately income-focused storage configuration for the buyer.
The property is situated on a corner parcel with convenient ingress and egress and is located just off Richland Avenue near BAE Systems in York’s west end. York College and the future York Creek Redevelopment Project are minutes away.
The facility is described as extremely clean, well-organized, and operating efficiently, providing an immediately income-focused storage configuration for the buyer.
Key Highlights
- 46‑unit mini storage facility built in 2017 for long‑term ownership and ongoing income
- Units 1–31 are in a security‑gated area for enhanced access control
- Units 32–46 are exterior‑facing with convenient drive‑up access
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.8k | $8.83 |
| − Vacancy | −$4.4k | −$0.49 |
| EGI | $74.4k | $8.34 |
| − OpEx | −$11.2k | −$1.25 |
| NOI | $63.2k | $7.09 |
8,924 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Self Storage
$1.24M
$1.09M – $1.45M
NOI $87,143 @ 7.0% cap · market cap 10.91%
Second Best
Warehouse
$903.3K
$790.4K – $1.05M
NOI $63,228 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,867 @ 7.0% cap · market cap 22.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Muelpunch Properties LLC
Storage Facility
Store munple
Warehouse & Storage
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - 46-unit mini storage facility with security-gated interior units and drive-up exterior access.
Where is this self storage facility located?
The property is located at 370 S Sheridan St York, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 46‑unit mini storage facility built in 2017 for long‑term ownership and ongoing income; Units 1–31 are in a security‑gated area for enhanced access control; Units 32–46 are exterior‑facing with convenient drive‑up access
