8 Northfield Rd Erving, MA 01344
- Commercial real estate
- 2.59 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8 Northfield Rd
- Year built
- 1985
- Lot size
- 2.59 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-established self-storage facility situated on a spacious 2.59-acre lot at 8 Northfield Road (Route 63) in Erving, Massachusetts. Established in 1985, the property comprises five buildings totaling 26,100 square feet and offering a diverse range of 219 storage units. Unit sizes vary to accommodate a wide spectrum of customer needs, ranging from compact 5x5 units to larger 10x30 units. The property's strategic location on a major thoroughfare ensures high visibility and convenient access for customers. The current configuration of the facility has not yet undergone a formal assessment by the Town of Erving. This presents a unique opportunity for a buyer to potentially optimize operations and potentially increase revenue streams. The asking price for this turnkey self-storage business is $3,000,000. This represents a substantial investment in a proven, established business with significant potential for future growth and profitability. The property's size and established customer base make it an attractive proposition for investors seeking a stable and income-generating asset in a desirable location. Serious inquiries are encouraged to explore this exceptional opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Erving
- County
- Franklin
- State
- Massachusetts
- Longitude
- -72.4868
- Latitude
- 42.5866