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Investment Highlights

  • 9.22% cap rate on actual verified 2025 income — not projected. $165,991 NOI is documented in the seller's P&L; statement
  • Unzoned parcels — no zoning designation exists on either parcel — add storage units, climate-controlled buildings, flex/contractor bays, or mixed-use
  • Federally Designated Opportunity Zone: defer capital gains through reinvestment; potential tax-free appreciation after 10 years — a rare tax shelter l
  • Approx. 250 additional units available via Flexospan buildout at $427,074 delivered — pushing stabilized NOI to Est. $295K–$340K and future value well

Executive Summary

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 comprises two locations — Adamsburg 1 (47 units) and Adamsburg 2 (69 units) —
totaling 116 storage and outdoor parking units. The 2025 Profit & Loss Statement confirms actual gross revenue of $206,220 and Net Operating Income
of $165,991. At the revised asking price of $1,800,000, the in-place cap rate is 9.22% on documented 2025 income — a return that compares favorably
against current self-storage market benchmarks.9.22% cap rate on actual verified 2025 income — not projected. $165,991 NOI is documented in the seller's P&L; statement. $36,000/yr office income is pure incremental upside — not in NOI. Capturing it pushes combined cap rate above 11% at $1,800,000

Property Facts

Price $1,800,000
Price Per SF $92.19
Sale Type Investment or Owner User
Cap Rate 9.22%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 7.00 AC
Building Size 19,525 SF
No. Stories 1
Year Built/Renovated 2001/2016
Opportunity Zone Yes
Zoning None - There is no zoning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
01-01-08-0-034
Land Assessment
$23,930
Improvements Assessment
$44,080
Total Assessment
$68,010
  • Listing ID: 40926922

  • Date on Market: 6/15/2026

  • Last Updated:

  • Address: 58 Old Lincoln hwy, Irwin, PA 15642

Contact the Sale Advisor

58 Old Lincoln hwy - Adamsburg Affordable Self Storage

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