This Industrial Property is Off-Market.

4 Jefferson Avenue
Salem, MA 01970 ·

29,528 SF · Industrial For Sale

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Salem Self Storage

Price N/A Property Use Type Investment
Building Size 29,528 SF Year Built 1914
Property Type Industrial Lot Size 0.63 AC
Property Sub-type Self/Mini-Storage Facility
Listing ID: 18166268 Date Created: 05/10/2013 Last Updated: 04/25/2014

Description

Salem Self Storage is conveniently located in the heart of downtown Salem, MA. Offering a wide variety of unit sizes, Salem Self Storage provides primarily climate controlled units but some drive up units are available. The property was acquired and renovated to self storage use by the current owner in 1997-1998. The property offers one entry point for all customers with a computerized keypad entry system. Salem Self Storage has 24 hour video monitoring with 18 cameras, 24 hour infrared security, freight elevators, complimentary carts and dollies and the interior lighting is both motion and sound activated. There are two loading docks, one of which can accommodate tractor trailer height trucks. Operationally, Salem Self Storage offers automatic billing, tenant insurance, fax service, on-site management and 7 day access. The site is also a Penske truck rental dealer for self storage tenants and other customers.

Salem Self Storage is located just minutes from downtown Salem, MA. The area is urban and within a three mile radius there are 48,000 households, almost 114,000 people and numerous businesses.

Highlights

  • Occupancy at 98%
  • Optimal Unit Mix
  • Established Cash Flow
  • No Conduit or Other Debt to Assume

Research

4 Jefferson Avenue, Salem, MA 01970 (Essex County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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