58 Old Lincoln hwy - Self-Storage Facilities FOR SALE


Irwin, PA 15642
$1,900,000 USD
412-999-0722
58 Old Lincoln hwy, Irwin, PA for Sale
$1,900,000 USD
Self-Storage Facilities - FOR SALE
1/13
null | 8.27% Cap Rate

58 Old Lincoln hwy
Irwin, PA 15642


HIGHLIGHTS

  • 8.74% cap rate on actual 2025 income — verified by Profit & Loss Statement. This is not projected or modeled income. The $165,991 NOI is documented
  • Federally Designated Opportunity Zone: defer capital gains through reinvestment; potential tax-free appreciation after 10 years — a rare tax shelter l
  • Unzoned parcels — no zoning designation exists on either parcel — add storage units, climate-controlled buildings, flex/contractor bays, or mixed-use
  • Approx. 250 additional units available via Flexospan buildout at $427,074 delivered — pushing stabilized NOI to Est. $295K–$340K and future value well

OVERVIEW

Adamsburg Affordable Self Storage & Flex is a fully operational, income-producing self-storage facility on Lincoln Highway (Route 30) in Jeannette/Irwin, Westmoreland County, Pennsylvania. The facility encompasses two adjacent locations — Adamsburg 1 (47 units) and Adamsburg 2 (69 units) — totaling 116 storage and outdoor parking units across approximately 7 acres. The 2025 Profit & Loss Statement confirms actual gross revenue of $206,220 and a Net Operating Income of $165,991 — an 8.74% cap rate on the $1,900,000 asking price. The seller's own P&L; values the property at $2,305,430 using a 7.2% cap rate, making $1,900,000 a $405,000 discount to stated value. Additional projected income of $36,000/yr from the 100 Main St office building is not included in the NOI and represents purely incremental upside.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

8.27%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Adamsburg Affordable Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

None

APN/PARCEL ID

01-01-08-0-034

ASK ABOUT THIS PROPERTY

James SchonsREAL of PennsylvaniaMore Info
412-999-0722

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James SchonsREAL of PennsylvaniaMore Info
412-999-0722

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