931 N 1st St Spécialité 2 769 m² À vendre Silverton, OR 97381 3 797 985 € (1 371,71 €/m²)

I-5 Corridor Self Storage Facility, Family Operated, 222 units, currently 100% Occupied. Rates are below market. The facility has a long history of being fully occupied and continues to enjoy low turnover even with annual existing customer rate increases (ECRI). Even with a recent increase in the Street Rates some sizes are as much as $37 below the competition.
Located on Silverton’s “main street” with McDonalds and Let Schwab on either side, this prime location is the most convenient Storage in the town. The Facility enjoys high occupancy with Limited competition.
Expenses, while reasonable, would improve if the facility was operated remotely or as a Satellite Location.
Silverton is a picturesque and vibrant city located in Marion County, Oregon. Nestled in the Willamette Valley, Silverton is known for its natural beauty, friendly community, and rich history. It is situated approximately 13 miles northeast of Salem, the state capital, and 45 miles south of Portland, Oregon's largest city.
Tourism continues to be an economic driver for the community. Visitors come to explore the Silver Falls State Park, The Oregon Garden, and The Gordon House (designed by Frank Lloyd Wright)
Demographics: The population of Silverton is diverse, with residents of various ethnicities and backgrounds. The average age is 39 and growing modestly each year. The city is home to approximately 10,500 residents, with projections indicating a 20% population growth over the next two decades. The median property value in Silverton was $527k in 2025, with a homeownership rate of 62.6%.
The city attracts both young families and retirees due to its quality of life and recreational opportunities. Median Household income it just under $40k. Median home value is $527k.
The facility is currently operated with rates below market and with a full time manager on-site. The size of the facility, and market demand may allow for the facility to be remotely managed, thereby improving overall expenses and allowing the on-site Apartment to be rented for additional revenue.