109 Main St Port Jervis, NY 12771
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High-demand, expansion-ready self storage
Property size:
19,000 SFProperty Features for 109 Main St
General Information
- Property type
- Self storage facilities
- Square Feet
- 19,000 SF
- Class
- C
- Lot Size
- 95,832 SF
Building Details
- Year Built/Renovated
- 1936/2007
- Buildings
- 6
- Stories
- 3
- Units
- 80
Listing Agency: Realty Mark Cityscape-Huntingdon Valley Listing Agent: Kyle Reighard
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional self-storage facility in Port Jervis, NY, presents a compelling value-add investment opportunity. Currently boasting 80 units with 98% occupancy, generating a $73,710 NOI and a pro-forma NOI of $102,210, the property sits on a 2.2-acre lot (APN: 331300-011-000-0004-003.220-0000) at 107, 108, and 109 W Main St, conveniently located near Routes 42, 6, 209, and Route 84, two minutes from Rt. 84. The property includes six buildings, totaling approximately 19,000-21,000 square feet, with 8,336 net rentable square feet. Built in 1936 and renovated in 2007, the property is zoned for industrial use and features three stories. An additional 20 units (8x12) are to be delivered soon, increasing the unit count to 100 upon purchase. Importantly, approved plans exist for a significant expansion adding 70 units (approximately 5,000 sq ft) across three new buildings (one 10x50ft, one 10x150ft, and one 20x150ft building). This expansion alone has the potential to nearly double the annual gross income. The existing 12,000 sq ft main building offers potential for conversion to indoor self-storage or warehouse space. The 8,800 sq ft surface parking lot at 108 W Main St presents an opportunity for RV/boat storage, catering to the nearby Delaware River and Delaware Water Gap Recreation Area. The 3-5 mile radius demonstrates significant undersupply in the market, creating a strong foundation for rental rate increases. All development potential should be verified with the local municipality.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
A-1 Mini Storage-Port ...
Storage Facility
Location Insight
- Map
- Local Demand
- City
- Port Jervis
- County
- Orange
- State
- New York
- Longitude
- -74.701622058398
- Latitude
- 41.378335129067
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - High-demand, expansion-ready self storage
Where is this self storage facility located?
The property is located at 109 Main St Port Jervis, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Self-storage facility with 80 units (98% occupancy), generating $73,710 NOI and a pro-forma NOI of $102,210.; Upon purchase, 20 additional units will be delivered, increasing the total to 100 units. Approved plans for a 70-unit expansion (approx. 5,000 sq ft) are in place, potentially doubling annual gross income.; Significant market undersupply within a 3-5 mile radius supports rental rate increases. The property includes six buildings totaling approximately 19,000-21,000 square feet, with 8,336 net rentable square feet, situated on a 2.2-acre lot (APN: 331300-011-000-0004-003.220-0000) at 107, 108, and 109 W Main St, Port Jervis, NY. The property is conveniently located near Routes 42, 6, 209, and Route 84.
