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- LoopNet Team
202 E 5th St N
Oldtown, ID 83822
Spartan Big Storage · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- 6+ Figure Yearly Producing Income Automated Business with NO Employees Needed!
- 21,000+ sq ft Building NEW Remodel in 2022 (15) Units - Outside 40 NEW Units Built 2022 - NEW $125k Metal Roof Put On Main Building Aug 2024
- Full Camera Coverage (Cloud) - Fully Asphalted - Fully Fenced - LED Lighting - Full Occupancy Since Opening
- Unique Concept - Drive Thru Storage Storage Units in Heated Building with PRIME LOCATION.
- Fully Automated Renting and Collecting System (Cloud) - No Employees Needed On Site!
- Exponential Income Growth Every Year, with very low maintenance.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Drive Thru
- Storage Space
ABOUT 202 E 5TH ST N , OLDTOWN, ID 83822
Originally this property was a 21,000+ sq. ft. Supermarket located on 1.22 acres. We converted this property into a unique modern style storage facility unlike anything else around our area. The main building is now (15) fully indoor, drive thru large storage units 19' x 35'. This building is fully heated for winter weather conditions. A customer never has to be out in the elements while accessing their very large Storage Unit inside our building. Outside this massive main building the property was reconstructed on 1.22 city acres to accommodate (40) New Storage units, (26) 10' x 20's & (14) 10' x 15's Units. The complete facility has 55 total NEW rentable units. Because of its prime location in the city of Oldtown, operating in the very friendly state for doing business Idaho, plus being located next to the very popular Pend Orielle River this facility has always maintained 100% full occupancy status since its opening. The potential for this complex is exponential for years to come as storage prices along with land values increase naturally every year. Combined with the rapid growth of population in the state of Idaho means you'll always have plenty of potential clients for the future. No expense was spared building this property out and adding all the important options other facilities don’t offer. Property is completely paved and LED lighted and has a full array of security camera coverage that can be accessed through your phone or computer. All data live and from the past is stored on a cloud system for your easy access via phone or computer. In addition our rental process is fully automated and online for the customer and owner benefit. Units are rented online only, all monthly fees are collected through a credit and debit card automatic payment system. So there's no need for accounting, paper billing and mail outs. Our system automatically sends text, email reminders & alerts for upcoming payments, fees and receipts. Our Main Door Entry and Outside Gate Entry are automated and tied into our system as well which allows automatically assigning entry codes to customers and locking out customers if their payment does not process. In addition our system automatically assigns fees for failed processing, late rentals etc. Our system was built to allow the owner the ability to eliminate onsite employees, which obviously reduces costs and headaches. The entire complex can be managed through your phone or computer. This business was built to be 100% turnkey keeping it simple and easy to operate even for a 1st time owner for many years to come, creating higher profitability for you.
LINKS
PROPERTY TAXES
| Parcel Number | RPN02-870-06017BA | Improvements Assessment | $1,380,453 |
| Land Assessment | $167,401 | Total Assessment | $1,547,854 |
PROPERTY TAXES
Listing ID: 32695593
Date on Market: 8/5/2024
Last Updated:
Address: 202 E 5th St N, Oldtown, ID 83822
The Retail Property at 202 E 5th St N, Oldtown, ID 83822 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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