1223 Bailey Ave - Specialty FOR SALE


Granger, WA 98932
$3,000,000 USD
509-531-7062
1223 Bailey Ave, Granger, WA for Sale
$3,000,000 USD
Specialty - FOR SALE
1/11
null | Request Cap Rate

1223 Bailey Ave
Granger, WA 98932


HIGHLIGHTS

  • 298 unit mini-storage. Just finished in 2025. Multiple different sizes and currently in lease up.
  • MLS#291059
  • Large illuminated highway sign that's owned by current owner. State of the art security system and gate. Full fencing.
  • Owner financing available with $1,450,000 down.
  • Advanced security features including gated keypad access, lighting, and fencing.

OVERVIEW

The owner will carry contract with $1,450,000 down. This newly constructed mini-storage facility in Granger, WA, represents a rare investment opportunity in a growing market. Completed in 2024, the property spans 50,300 square feet across a 5.39-acre site and features 298 storage units in various sizes. Currently in the lease-up phase, the facility is designed for long-term operational efficiency and revenue growth, with projected annual income exceeding $449,000 at full occupancy. The property includes a large illuminated highway sign for maximum visibility, a state-of-the-art security system, gated keypad access, and full perimeter fencing. Its location along Bailey Avenue offers excellent accessibility and exposure to high traffic counts, ensuring strong demand from local and regional customers. Offered at $3,000,000, this asset is well-suited for investors seeking stable cash flow and potential appreciation. The seller is offering owner financing with $1,450,000 down, creating an attractive entry point for qualified buyers.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Galaxy Mini-Storage

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.37 AC

LAND SF

233,917 SF

ZONING

Commercial General

APN/PARCEL ID

21102212009

ASK ABOUT THIS PROPERTY

Josh BlankenshipReal Broker, LLCMore Info
509-531-7062

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Josh BlankenshipReal Broker, LLCMore Info
509-531-7062

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.