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.
S St Road 545 S, Property sits on the Left, N on Dubois/Celestine Rd., Property on the Right.
| MLS # | 202628256 |
|---|---|
| Date Listed | 2026-07-15 |
| Status | Active |
| Property Type | Commercial |
| Property SubType | Warehouse |
| New Construction | No |
| Type | Warehouse |
| Annual Taxes | $868.96 |
| Year Taxes Payable | 2026 |
| Year Built | 1997 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 82 |
| Homestead Year | No |
| Den | 2 × 1800 | Level |
| 2nd Bedroom | 3200 × 0 | Level |
| 4th Bedroom | 1 × | Level |
| Construction | Warehouse |
|---|---|
| Lot Size | 50,965 sq ft |
| Acreage | 1.17 Acre |
| Lot Dimensions | 1.17 Acre |
| Fence | None |
| Area | Dubois County |
|---|---|
| County | Dubois |
| Subdivision | None |
| Township | Marion |
| City | Dubois |
| State | IN |
| Zip | 47527 |
| Assoc. Dues | $0.00 |
|---|
MLS# 202628256
Listing Provided Courtesy of Larry Carpenter III
Carpenter Realty LLC
office: 812-559-0458
Listing updated July 15, 2026 at 10:30 am
Last checked 11 minutes ago
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