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$1,200,000
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| | Unit Occupancy | 178 | |
| | Total Units | 272 | |
| | Rentable S.F. | 32,544 | |
| | Building S.F. | 32,744 | |
| | Land Acres | 8.10 | |
| | Cross Street | County Rd 10 & Rte 5/20 | |
| | Tax Parcel Number | 322400 84.00-1-37.100 | |
| | Market | Finger Lakes | |
| | Sub Market | Canandiagua | |
| | Percent Climate Controlled | 0.00 % | |
| | Percent Office Space | 0.60 % | |
| | No. of Stories | 1 | |
| | Year Built | 1988 | |
| | Year Renovated | 2003 | |
| | Gate Hours | 24 Hours Access | |
| | Non-climate Controlled Units | 272 | |
| | No. of Buildings | 7 | |
| | Location Class | A | |
| | Building Class | B | |
| | Zoning Type | Commercial | |
| | Foundation Type | Concrete Slab | |
| | Lot Demensions | Irregular | |
| | Office Hours | M-F 8-5; Sat. 11-2 | |
| | Sprinkler Type | No | |
| | Apartment | No | |
| | Roof Type | Shingle/Standin Seam | |
| | Land for Expansion | Yes | |
| | Existing Facility | Yes | |
| | Development Opportunity | Yes | |
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3130 County Road 10 Canandaigua, NY 14424
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Property Description
The facility contains 272 self storage units within seven, single-story buildings containing 32,544 net rentable square feet. The property contains 8.1 acres which provides ample opportunity for expansion. Of the 8.1 acres, 4.3 acres are completely fenced in with lighting and security in place. The remaining 3.8 acres are excavated and ready for additional buildings to be built. In addition the seller is also offering a road front parcel containing 2.7 acres for an additional $250,000. This not only provides additional opportunity for expansion but provides road-side visibility which is so important for self storage facilities. The current owner is using a converted storage unit for his office.
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Location Description
McAlpin Self Storage is a stabilized asset located in the hub of commercial activity in the Town of Canandaigua, New York. Close to college facilities and convenient to second home owners on Canandaigua Lake, it is ideally located for off-season storage needs of local residents. The property is immediately located north of the Raymour and Flannigan Shopping Plaza on NYS Routes 5 & 20. The property is located in the Finger Lakes Region, which has become a bedroom community for the Rochester area and has shown a population growth for second home owners. There is minimal competition in the area all of which enjoy high occupancy. There appears to be a need for additional capacity in the area.
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