Listing #10313173932.Listing Storage City Price:$3,995,000 Status:For Sale
Storage City, an established family owned and operated self storage and moving company, is situated within the town of Islip, NY. The 41,800 +/- SF building consists of 26,400 SF within two stories of indoor self storage. There are possible expansion opportunities within the existing building.
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The facility currently has 217 units designated for storage, with existing net rentable of 17,140 SF. A portion of the warehouse area is leased, which consists of 8,800 +/- sf. The loading dock area consists of 6600 +/- SF with 3,300 +/- SF leased. The current total rentable is 33,540 SF.
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Roselli Moving and Storage, an established business, is also available and can be negotiated separately. LIPA leases the roof and the addition of solar panels substantially reduces the utility cost to the owner.
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This investment offers a buyer diversification of income. |
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