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27 Monterey Street

List Price: $2,500,000

Category:

Commercial Real Estate

Year Built:

1956

Lot Size:

0.87 Acres

Square Footage:

22236

Stories:

MLS#:

ML81988150

Description of Property at

27 Monterey St

Harveys Lockup presents a unique chance to acquire an income-generating self-storage facility in the desirable city of San Juan Bautista, California. This asset offers immediate cash flow and is strategically positioned in a high-demand market with strong demographic support. Built in 1956 and renovated in 2010, the property spans 0.85 acres and features three metal-and-steel-framed buildings. It comprises 176 self-storage units, 1 RV space, and 2 apartments, providing a diversified revenue stream. Modern amenities include fire sprinkler systems throughout the facility, 24/7 surveillance, on-site dollies and handcarts, and secure electronic entrances with key-code access. With steadily increasing rental rates, the facility offers significant potential for revenue growth by aligning rents with current market levels. Its strategic location and features make it an attractive option for both local and exchange buyers, as well as investors seeking to diversify portfolios. Harveys Lockup is ideally suited for: Local storage owners aiming to reduce operational costs by scaling across multiple locations. Apartment investors seeking cross-marketing opportunities between residential and storage properties.

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