$295,000

0 Beds 0 Baths 0 SQFT 0.46 Acres
Type: Commercial

328 SW Alder Street
Ephrata, WA 98823

MLS#: 2483483
Presented by: Laura Mounter Real Estate and NWMLS

Property Description

 

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!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringConcrete
Heating Y/NNo
Power Production TypeElectric
Total Fireplaces0

General

Building Area Units0 sqft
Carport Y/NNo
CityEphrata
CoolingNone
CountyGrant
DirectionsDriving through Ephrata Heading North on Hwy 28, turn right on 3rd Ave SW, property located on corner between 3rd Ave and Alder St SW.
Electric Expense300
HOANo
HOA Fee$0
HeatingNone
Insurance Expense550
Listing TermsCash
Living Area0 sqft
Lot Size Square Feet20,250 sqft
Lot Size UnitsSquare Feet
MLS Area291 - North Central Grant County
NWM_ShowMapLinkY
Net Operating Income18770
PossessionClosing, Subject to Tenant Rights
Possible UseIndustrial
Property Style71 - Light Indrl.
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksLaunch your real estate investment career in self storage with this affordable, centrally located facility in the heart of Ephratas commercial core. This 100% occupied, high-demand property pulls consi
RoofMetal
Senior Community Y/NNo
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeIndustrial
Subdivision NameEphrata
Tax Annual Amount$1,818
Tax Year2025
TopographyLevel
Total Actual Rent1910
Water CompanyNA
Year Built1978
Zoning DescriptionIndustrial-Light

Exterior

Building Area Total0 sqft
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.4649
Parking Uncovered Total15
Total Parking15
Water SourceSee Remarks

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$295,000

0 Beds 0 Baths 0 SQFT 0.46 Acres
Type: Commercial

328 SW Alder Street
Ephrata, WA 98823

MLS#: 2483483