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Managed Climate-Controlled Self-Storage Facility
For Sale
Contact for pricing
Pending

851 MARIETTA ST, South Bend, IN 46601

Extra Space managed facility offers climate-controlled main storage plus drive-up non-climate-controlled units and a covered loading bay.

Property Size40,229 SF
Days on Market113

Property Features for 851 MARIETTA ST

General Information

Standard status Pending
Size 40,229 SF
Class A
Total Parking Spaces 17
Property subtype Self Storage
Occupancy 90%
Investment Type Institutional

Additional Details

Business Included Yes
Fenced Yard Yes

Building Details

Year Built 2023
Stories 1
Units 349
Listing Agency: Cushman & Wakefield - Tampa, Florida
Listed By: Michael Mele · License #FL SL675578
Source: Crexi
Added: May 18 Changed: Aug 27 Last Checked: Aug 26 at 5:58AM

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 Cushman & Wakefield - Tampa, Florida

Investment Insights

Based on property information with market context.

This Extra Space (managed) self-storage property includes 40,229 NRSF across climate-controlled main storage and drive-up non-climate-controlled storage. The site also features a covered loading bay for climate-controlled tenants and two gated entrances dedicated to non-climate-controlled tenant access.

The fully fenced facility is supported by wide drive aisles and includes an on-site leasing office along with PTI Systems keypad access and ample surveillance cameras. There are 17 surface parking spaces on-site.

The property completed a final stage lease-up in 2023 and has reported rapid occupancy growth since Extra Space management began in 2024, with occupancy stated at 90%. The public remarks also note rental income increased by $14,000 compared to March 2025 and effective rents described as 15% to 20% below market.

Key Highlights

  • Year built 2023; final stage lease‑up opened in 2023 for late‑stage self‑storage development
  • 40,229 NRSF total, including 20,000+ NRSF climate‑controlled main storage and 19,000+ NRSF drive‑up non‑climate‑controlled storage
  • 90% occupancy reported after Extra Space management began in 2024

Property Analytics

Current Use

Workforce Development Services Services Corvilla, Inc. Charitable Organization Northern Indiana Workforce Employment Agency KidsPeace Foster Care ... Foster Care Service Extra Space Storage Storage Facility

Suggested Use

Top Pick Storage Facility Garden Center Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Nail Salon

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

90%
Occupancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby

Demographics for 46601, IN

5,947
Population
2,862
Households
2.1
Avg Household Size
35
Median Age
22%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
2,974
Density / Sq Mi
$27,080
Median Household Income
$26,835
Median Earnings
$784
Median Rent
$131,600
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 - Extra Space managed facility offers climate-controlled main storage plus drive-up non-climate-controlled units and a covered loading bay.
Where is this self storage facility located?
The property is located at 851 MARIETTA ST South Bend, IN.
What are key features of this property?
This property features: Year built 2023; final stage lease‑up opened in 2023 for late‑stage self‑storage development; 40,229 NRSF total, including 20,000+ NRSF climate‑controlled main storage and 19,000+ NRSF drive‑up non‑climate‑controlled storage; 90% occupancy reported after Extra Space management began in 2024
More about this property
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