Active

0 S State Rd. Road

Warehouse • 29Y Old
$299,000 Listed 2 months ago
1.17 Acre
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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.

Directions

S St Road 545 S, Property sits on the Left, N on Dubois/Celestine Rd., Property on the Right.

Property
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
Room Dimensions
Den 2 × 1800 Level
2nd Bedroom 3200 × 0 Level
4th Bedroom 1 × Level
External Features
Construction Warehouse
Lot Size 50,965 sq ft
Acreage 1.17 Acre
Lot Dimensions 1.17 Acre
Fence None
Location
Area Dubois County
County Dubois
Subdivision None
Township Marion
City Dubois
State IN
Zip 47527
Financial
Assoc. Dues $0.00
Contact

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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

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.