Listed by Pinnacle Properties
$499,999
1633 Toledo Road
Details
Property Type Retail, Self Storage
Sub Type Storefront
Square Footage 6,600
Net Rentable (SqFt) 5,000
Units 46
Occupancy 30%
Price per SqFt $76
Acreage 0.770
Parking Spaces 10 spaces
Parking Per SqFt 1.52
1633 Toledo Road, Elkhart, IN 46516
Marketing description
The Facility contains 46 Units along with one occupied Retail space totaling 5,000 net rentable square feet. The current Storage Unit Occupancy Rate is 30%. This Property is not fully occupied, and with stabilized growth, could present ownership an opportunity to capture higher rents and more income.
Investment highlights
- 5,000 Net Rentable SF
- .77 Acres on Two (2) total parcels
- 46 storage units, varying size options
- 1 Retail Space; Tenant is signed through most of 2026
- 10+ parking spaces
- High Daily Traffic Counts: 9,300 vehicles/day off Toledo Rd.
- Dense Surrounding Population: nearly 100,000 residents live within a 5-mile radius of property
- Newly installed security cameras and updated entry gate for additional privacy
- 2024 Payable 2025 Property Tax: $10,244 (Two parcels)
Listing Contacts
Listed by Pinnacle Properties
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