MLS #2483483 / Listing provided by NWMLS & Laura Mounter Real Estate.
$295,000
328 SW Alder Street
Ephrata,
WA
98823
Year Built
Launch your real estate investment career in self storage with this affordable, centrally located facility in the heart of Ephrata’s commercial core. This 100% occupied, high-demand property pulls consistent renters from surrounding residential neighborhoods and the regional workforce, providing immediate in-place income and proven market strength. The site offers excellent visibility and access near main arterials, service businesses, and a substantial nearby housing base, making it a strategic location for long-term ownership.Facility features drive-up units for easy tenant access and quick turnarounds, creating an efficient, low-intensity asset. Site is ideal for value-add investors, with meaningful upside by adding rentable square footage and improved site amenities. Ideas may include adding modular self-storage buildings to capture overflow demand and increase income per square foot, introducing covered canopy spaces for boat, RV, or contractor parking to attract higher-value users, or adding parameter fencing. Net Rentable SQFT 3,360, 32 units (2 units 10'x18', 30 units 10x10), Current gross potential income from existing rents ~$22,920/annually, with clear opportunities to enhance performance. Let's get into Self Storage in 2026!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Parking
- Parking Total: 15
- Total Uncovered Parking Spaces: 15
Structure
- Roof: Metal
- Exterior Features: Metal/Vinyl
- Foundation: Poured Concrete
Lot Details
- Acres: 0.4649
- Foundation: Poured Concrete
Lot Details
- Acres: 0.4649
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: Grant County PUD
Water, Sewer, and Garbage
- Sewer Company: NA
- Water Company: NA
- Water Source: See Remarks
Danielle Laybourn
Broker | REALTOR®
Send Danielle Laybourn an email