$225,000
Reduced $70,000 — was $295,000
328 Alder Street
Ephrata, WA 98823
Beds
—
Baths
—
Sq Ft
—
Lot
0.46 ac
Year built
1978
Type
Commercial Sale
Days listed
192
MLS #
2483483
About this home
Price Reduction - Priced to Sell! Launch your real estate investment career in self storage with this affordable, centrally located facility in the heart of Ephrata’s commercial core. 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 - Contact for Financials. 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, or contractor parking to attract higher-value users, or adding parameter fencing. Let's get into Self Storage in 2026!
Exterior features
Property details
- Heating
- None
- Cooling
- None
- Flooring
- Concrete
- Water source
- See Remarks
Costs
- Annual taxes
- $1,818 (2025)
Estimate your monthly payment
$1,289/mo
- Principal & interest
- $1,138
- Property taxes
- $152
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Ephrata, WA 98823
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Laura Mounter Real Estate— Danny Zavala.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.