1631 Mcclain Ave Scottsburg, IN 47170

Property Details for 1631 Mcclain Ave

Year built

1998

Construction

WOOD

Lot size

1.57 lot acres

Property size

3,840 SF

Property type

Office Properties & Spaces

APN

72-04-24-400-027.011-007

APU

720424400027011007

Description

This exceptional investment opportunity presents a thriving self-storage facility in Scottsburg, Indiana. Boasting 141 enclosed storage units and 40 exterior parking spaces, this property generates substantial rental income with current monthly rents ranging from $50 to $155. All units are currently occupied, and a waiting list demonstrates strong demand. The property sits on over eight acres (subject to survey), offering significant potential for expansion. The main office building includes a reception area, a private office, and a restroom. Unit sizes vary, ranging from compact 5x6 units to larger 12x40 units, catering to a diverse clientele. The seller will consider a parcel split, offering the storage units and office building separately for $1,700,000 and the remaining ten-plus acres for $650,000. The property is subject to an easement, and a survey will be completed and recorded before closing. This turnkey operation presents a rare chance to acquire a profitable, established business with considerable growth potential. The high occupancy rate and existing waiting list underscore the strong market demand and the property's inherent value. Don't miss this chance to secure a lucrative investment in a rapidly growing market.

Location Insight

City

Scottsburg

County

Scott

State

Indiana

Longitude

-85.797

Latitude

38.6828

CBSA code

42500

CBSA name

SCOTTSBURG, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments