3000 Main StSpringfield, OH 45503

This exceptional self-storage facility in Springfield, Ohio, presents a compelling value-add investment opportunity. The property, located at 3000 E Main St, Springfield, OH 45503, comprises six single-story buildings totaling 38,305 net rentable square feet on an 18.8-acre lot. Built in phases (2021 and 2023), the facility features 236 units, including 10' x 20' and 15' x 53' sizes, constructed with Morton Buildings and Wayne Dalton doors. The property boasts ample outdoor parking and is fully fenced with a remote access gate system and new LED lighting. A security camera system is currently being installed. Currently operating at 44.1% occupancy (as of July 9, 2024), this facility offers significant upside potential. The property benefits from a strategic location on heavily trafficked US 40 between Dayton and Columbus, serving a sizable local population of approximately 60,000 residents. Further enhancing its income stream, a cell tower lease is in place. The asking price is $2,700,000 ($70.49/sq ft and $11,440.68/unit). Seller financing is available, with the owner willing to take a second position to a traditional loan, providing flexibility for new ownership to implement their business strategies and pursue expansion opportunities. The property's limited online presence prior to July 2024 presents a clear path to increased occupancy and revenue.