328 SW Alder St - Self-Storage Facilities FOR SALE


Ephrata, WA 98823
$295,000 USD
509-630-6366
328 SW Alder St, Ephrata, WA for Sale
$295,000 USD
Self-Storage Facilities - FOR SALE
1/23
null | 6.36% Cap Rate

328 SW Alder St
Ephrata, WA 98823


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

6.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

328 Alder St. SW Ephrata, WA 98823

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,250 SF

ZONING

-

APN/PARCEL ID

130457000

ASK ABOUT THIS PROPERTY

Danny ZavalaLaura Mounter Real EstateMore Info
509-630-6366

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Danny ZavalaLaura Mounter Real EstateMore Info
509-630-6366

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