1627-1635 9WBethlehem, NY 12758

This turnkey investment opportunity presents a well-established storage business situated on a prominent location along US Route 9W in Bethlehem, NY. The property encompasses two buildings totaling 6,000 square feet, currently housing 104 individual storage units. A significant advantage is the existing town approval for an expansion of 500 additional units, presenting substantial growth potential. The current vacancy rate is a low 3-4 percent, indicating strong tenant demand. The property boasts 400 feet of road frontage, providing excellent visibility and accessibility. Beyond the storage units, the 23.52-acre parcel includes a significant wooded area. The property also includes a charming 2,800 square foot original 1960's red brick building. Infrastructure is well-maintained, featuring a 10-year-old well and septic system, a 4-year-old roof, and a roughly 2-year-old natural gas furnace. Property taxes are combined for both parcels. The substantial acreage and existing infrastructure offer significant opportunities for expansion into private events or other complementary business ventures. This property offers a rare combination of established income, expansion potential, and a desirable location, making it an exceptional investment opportunity. Heating is provided by oil, and the system is above ground.