Seven Mile Self Storage

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Seven Mile Self Storage is situated on 2.53+/- acres along the Pend Oreille River & US Hwy 20 in Newport, Washington. Seven Mile Self Storage provides enclosed storage and outdoor recreational storage to the current and increasing population in Pend Oreille County. Currently stabilized at 100% occupancy.

The 1.9+/- acres of vacant expansion land gives the buyer an opportunity to fulfill the current need with either covered/enclosed storage or simply outdoor parking. Located near the boat launch and river access. Management of the facility is not full-time and could easily operate via a kiosk or website. Security cameras and a full property fence are in place.

Property Highlights

Room for expansion to add much needed large enclosed Boat/RV spaces Stabilized 100% current occupancy Situated along Hwy 20 corridor Only commercial property in the area that can have self-storage Low management responsibilities High cap rate of 7.66% on actual storage income
  • 102 Levitch Road

    Newport, WA

  • $475,000


  • 110,700 SF


  • Self Storage

    Property Type

  • Commercial


  • 7.66%

    Capitalization Rate %

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