- For Sale $850,000
- Property Type Other
- Property Size 12,000 SF
- Units 89
- Date Updated Jul 31, 2026
Description
Discover the charming town of Florence, IN, where your future investment awaits. Nestled in a picturesque setting, the area offers a blend of small-town tranquility and modern convenience. Surrounding the property, you'll find beautiful natural landscapes, providing a serene backdrop for any educational institution. Explore nearby attractions like the Markland Dam Park or indulge in outdoor activities at the Belterra Casino Resort. The close-knit community and easy access to local amenities make this location perfect for a specialized purpose investment. With its rich history and scenic beauty, Florence promises to be an ideal setting for a thriving educational venture.Enterprise Store & Lock is a well-maintained, 89-unit self-storage facility on 2.1311 acres, featuring multiple metal-frame buildings, an on-site office, and easy drive-up access throughout. The property has maintained occupancy in the mid-90% range, supported by steady rent growth and a growing base of auto-pay tenants. Recent capital improvements include updated exterior lighting, roof repairs, replaced roll-up doors, and new security cameras. All units are drive-up, non-climate-controlled. A generous, already-graded open area at the rear of the site offers room to add a second building — a clear path to expand NOI. A turn-key investment with strong in-place cash flow and organic growth potential.
Highlights
- 89-Unit Self-Storage Facility on 2.1311 Acres
- Consistently Strong Occupancy in the Mid-90% Range
- Land for Additional Buildings To Be added
- Steady Rent Growth
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Contacts
Brett Slusher
KW Commercial Northern Kentucky
Location
Located at 12474 McCrearys Ridge Road, Florence, IN 47020, this property is part of the East Enterprise neighborhood.
Contact Listing Broker
Brett Slusher
KW Commercial Northern Kentucky