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359 Pleasant St
West Bridgewater, MA 02379
Auction:5/8 - 5/10: Northshore Self Storage · Specialty Property For Sale
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28,290 SF
Property Facts
| Property Type | Specialty | Building Size | 28,290 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1994 |
| Lot Size | 4.91 AC | Parking Ratio | 1.89/1,000 SF |
| Zoning | IND,West Bridgewater | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 4.91 AC |
| Building Size | 28,290 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Parking Ratio | 1.89/1,000 SF |
| Zoning | IND,West Bridgewater |
About 359 PLEASANT ST , WEST BRIDGEWATER, MA 02379
Property tours are available by appointment ONLY. Please contact Connie Neville to schedule at nevillec@svn.com or 781-696-6241. Investment Highlights: 301 unit self-storage facility Value add opportunity through lease up and stabilization of down units in Building B Recent CapEx and repairs include roof repairs, fence replacement, gate repairs and electrical repairs exceeding $29,000 Paved space available for vehicle storage and revenue from additional leasable area Professionally managed since foreclosure Investment Overview: Northshore Self Storage (the "Property") is a 301 unit non-climate controlled self-storage facility located at 359 Pleasant Street in West Bridgewater, Massachusetts. The Property improvements were constructed in 1994 and 2000, and are situated on a 4.921-acre site. The property contains 301 self-storage non-climate control units located in ten buildings including a small office. Unit mix consists of (19) 10x10x8, (38) 10x15x8, (17) 10x20x8, (6) 10x30x12, (6) 5x10x8, (10) 5x15x8, (81) 5x8x8, (100) 8x10x8, (21) 8x20x8, and (3) 8x40x12. There remains significant organic and value-add upside still to be realized including: lease up of 123 ready units, renovating down units and readying vehicle storage space for rent. West Bridgewater is a small residential town bordering on the City of Brockton, and located at the junction of Routes 24 and 106. The Town is comfortably settled between Providence and Boston. Northshore Self Storage is well-positioned in the West Bridgewater sub market and 30 miles due south of Boston. Per CoStar, the Property is the only self-storage within a 1-mile radius and 1 of 2 self-storage facilities within a 3-mile radius.
Property Taxes
| Parcel Number | WBRI-000065-000000-000009 | Improvements Assessment | $2,059,700 |
| Land Assessment | $645,600 | Total Assessment | $2,705,300 |
Property Taxes
