12474 McCrearys Ridge Road, Florence, IN 47020 For Sale

Enterprise Store & Lock is a well-maintained, 89-unit self-storage facility on 2.1311 acres, featuring multiple metal-frame buildings, an on-site office, and easy drive-up access throughout. The property has maintained occupancy in the mid-90% range, supported by steady rent growth and a growing base of auto-pay tenants. Recent capital improvements include updated exterior lighting, roof repairs, replaced roll-up doors, and new security cameras. All units are drive-up, non-climate-controlled. A generous, already-graded open area at the rear of the site offers room to add a second building — a clear path to expand NOI. A turn-key investment with strong in-place cash flow and organic growth potential.

Discover the charming town of Florence, IN, where your future investment awaits. Nestled in a picturesque setting, the area offers a blend of small-town tranquility and modern convenience. Surrounding the property, you'll find beautiful natural landscapes, providing a serene backdrop for any educational institution. Explore nearby attractions like the Markland Dam Park or indulge in outdoor activities at the Belterra Casino Resort. The close-knit community and easy access to local amenities make this location perfect for a specialized purpose investment. With its rich history and scenic beauty, Florence promises to be an ideal setting for a thriving educational venture.