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Listed by Larry Carpenter III • Carpenter Realty LLC • office: 812-559-0458
$ 299,000
Est. payment | /mo
1.17 Acres Lot
$ 299,000
Est. payment | /mo
1.17 Acres Lot
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202628256
Year Built 1997
Annual Tax Amount $868
Tax Year 2026
Lot Size 1.170 Acres
Property Sub-Type Warehouse
Property Description
Value-add investment opportunity featuring two self-storage properties offered together as one portfolio! Priced at $299,000, the portfolio includes 29 total rentable units and spaces consisting of 21 traditional self-storage units in Dubois and 8 RV and boat storage bays in Celestine. The Dubois location offers a mix of 5x10, 10x10, and 10x20 units, while the Celestine property provides larger bays positioned toward the Patoka Lake area. Current average occupancy is approximately 41% at the Celestine bays and 45% at the Dubois self-storage location, with limited active advertising or marketing, creating significant value-add potential for a new owner. Based on current rental rates and seller-provided projections, the portfolio has the potential to generate approximately $30,558 in annual gross revenue at 100% occupancy. The Dubois property is conveniently located near a local apartment complex and fire station, while the Celestine property offers potential demand from boat and recreational vehicle owners traveling toward the Patoka Lake area. With two locations, an existing income stream, and considerable room for increased occupancy through improved signage, online presence, advertising, and active management, this portfolio presents an opportunity for an investor to acquire a unique storage portfolio with strong growth potential.
Location
State IN
County Dubois County
Area Dubois County
Direction S St Road 545 S, Property sits on the Left, N on Dubois/Celestine Rd., Property on the Right.
Interior
Flooring Concrete
Appliance Lease
Exterior
Roof Type Metal
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628256
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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