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2490 Rainbow Dr - Lake City Lockers 36,900 SF Specialty Building Offered at $3,100,000 at a 10% Cap Rate in Warsaw, IN 46582

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Investment Highlights

Water,Sewer,Dump Station for RV & Boats. Close to city and Airport.

Executive Summary

Offering this self storage facility for sale at $3,100,000. 4-units available for purchase at $174,900 with 14x16-foot overhead doors as well as an additional 18 units for $168,900 with14x 14-foot overhead doors. Up to 40,000 sq. ft. is available for lease or purchase. Sellers are motivated and this property has many options for use if desired. Water & sewer available in all 22 units.

Lake City Luxury Storage

Property Facts

Price	$3,100,000	Property Subtype	Self-Storage Specialty Parking Garage Specialty Airport Specialty Contractor Storage Yard
Price Per SF	$84.01	Building Class	B
Sale Type	Investment	Building Size	36,900 SF
Cap Rate	10%	No. Stories	1
Sale Conditions	1031 Exchange Build to Suit Lease Option Building in Shell Condition	Year Built	2025
Property Type	Specialty	Cross Streets	250 N
Zoning	c - commercial

Price	$3,100,000
Price Per SF	$84.01
Sale Type	Investment
Cap Rate	10%
Sale Conditions	1031 Exchange Build to Suit Lease Option Building in Shell Condition
Property Type	Specialty
Property Subtype	Self-Storage Specialty Parking Garage Specialty Airport Specialty Contractor Storage Yard
Building Class	B
Building Size	36,900 SF
No. Stories	1
Year Built	2025
Cross Streets	250 N
Zoning	c - commercial

Fiber Optic Internet

Contact

Eric Hamman
Century 21 Bradley

Listing ID: 35743160
Date on Market: 5/5/2025
Last Updated:
Address: 2490 Rainbow Dr, Warsaw, IN 46582

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2490 Rainbow Dr, Warsaw, IN for sale Building Photo- Image 1 of 8 — Samantha (Mobile Video)

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2490 Rainbow Dr, Warsaw, IN for sale Building Photo- Image 3 of 8 — IMG_0444-preview

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2490 Rainbow Dr, Warsaw, IN for sale Building Photo- Image 6 of 8 — IMG_1349

2490 Rainbow Dr, Warsaw, IN for sale Building Photo- Image 7 of 8 — LAKE CITY LOCKERS

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