Commercial Land for Sale in Medford, Wisconsin

INVESTMENT OPPORTUNITY WITH ROOM TO GROW! Situated on 2 acres along a county road, this established mini-storage facility offers immediate rental income PLUS potential for future expansion! Built in 2005, the 4,800 sq. ft. building features steel siding, steel roof, wood-stud construction and 24 individual storage units. Unit sizes include three 10'x10' units renting for $45/month, eighteen 10'x20' units at $70/month and three 10'x30' units at $90/month. Interior partition walls are movable, allowing unit depths to be adjusted to accommodate changing storage needs. Insulated construction helps minimize condensation on interior walls, while concrete floors with raised perimeter curbing help prevent surface water intrusion. Individual overhead doors provide convenient access, and the spacious gravel approach allows room for maneuvering vehicles and trailers. Electric is available at the lot line for potential future improvements. Currently approximately two-thirds occupied despite NO advertising over the past two years, offering an opportunity to increase income through renewed marketing efforts. At current rental rates, full occupancy represents $19,980 in potential annual gross rental income before expenses and vacancies. The spacious 2-acre parcel offers room to explore additional storage buildings or complementary uses, subject to applicable zoning and approvals. Rather than starting from scratch, a new owner can build upon an established business with existing tenants, available storage capacity and land for possible expansion. Whether you're an experienced investor looking to diversify your holdings or someone seeking an entry into the mini-storage business, this property offers an appealing combination of existing income, adaptable storage space and untapped potential. The building is here, the opportunity is waiting, and the next chapter is yours to write!