315 Front St Detroit, OR 97342
- Specialty properties
- 28,080 SF
- 2.07 lot acres
Current Use by Public Records
- Detroit Storage Units / Boat Storage Facility / Storage Facility
Property Details for 315 Front St
- Lot size
- 2.07 lot acres
- Property size
- 28,080 SF
- Property type
- Specialty properties
Description
Exceptional investment opportunity: a 28,080 square foot self-storage facility in Detroit, Oregon, situated on a 2.07-acre lot. This property, constructed in 2018, boasts 104 units ranging in size from 120 to 480 square feet, catering to the high demand for RV and boat storage in this popular lake destination. The facility is conveniently located along the N Santiam Highway, close to Detroit Lake, approximately 50 miles east of Salem. Features include a fully fenced perimeter with an automated security gate. The property is currently not in operation and is being sold as real estate only. The unit breakdown is as follows: 52 units measuring 10' x 12', 26 units at 30' x 12', and 26 units at 40' x 12'. Detailed financial projections are available upon request. This presents a unique chance to acquire a well-positioned asset in a thriving recreational area. The asking price is $1,900,000.
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
- Detroit
- County
- Marion
- State
- Oregon
- Longitude
- -122.149
- Latitude
- 44.733
