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Listed by:Laura Mounter Real Estate • Danny Zavala
$ 295,000
Est. payment /mo
Active
328 SW Alder ST Ephrata, WA 98823
0.46 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Ephrata
MLS Listing ID 2483483
Style 71 - Light Indrl.
Year Built 1978
Annual Tax Amount $1,818
Lot Size 0.465 Acres
Property Sub-Type Commercial Industrial
Property Description
Launch your real estate investment career in self storage with this affordable, centrally located facility in the heart of Ephrata's commercial core. This 100% occupied, high-demand property pulls consistent renters from surrounding residential neighborhoods and the regional workforce, providing immediate in-place income and proven market strength. The site offers excellent visibility and access near main arterials, service businesses, and a substantial nearby housing base, making it a strategic location for long-term ownership. Facility features drive-up units for easy tenant access and quick turnarounds, creating an efficient, low-intensity asset. Site is ideal for value-add investors, with meaningful upside by adding rentable square footage and improved site amenities. Ideas may include adding modular self-storage buildings to capture overflow demand and increase income per square foot, introducing covered canopy spaces for boat, RV, or contractor parking to attract higher-value users, or adding parameter fencing. Net Rentable SQFT 3,360, 32 units (2 units 10'x18', 30 units 10x10), Current gross potential income from existing rents ~$22,920/annually, with clear opportunities to enhance performance. Let's get into Self Storage in 2026!
Location
State WA
County Grant
Area 291 - North Central Grant County
Interior
Flooring Concrete
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Roof Type Metal
Building
Water See Remarks
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://youtu.be/uszXsIi1qgY
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