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$295,000 Just Listed
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Property Description
Launch your real estate investment career in self storage with this affordable, centrally located facility in the heart of Ephrata's commercial core. 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, introducing covered canopy spaces for boat, RV, or contractor parking to attract higher-value users, or adding parameter fencing. 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. Let's get into Self Storage in 2026!
Full Property Details
Full Property Details for 328 SW Alder St
General
- Price: $295,000
- Taxes: $1,818 (2025)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2483483
- Updated: 2/23/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Concrete
Parking
- Uncovered Spaces: 15
Location
- Area: 291 - North Central Grant County
- County: Grant
- Subdivision: Ephrata
- Driving Directions: Driving through Ephrata Heading North on Hwy 28, turn right on 3rd Ave SW, property located on corner between 3rd Ave and Alder St SW.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Water: See Remarks
Structural Information
- Structure Type: Industrial
- Exterior Const.: Metal/Vinyl
- Foundation: Poured Concrete
- Roof: Metal
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.4649
- Lot Size (Sq. Ft.): 20,250
- Lot Size Source: Assessor
- Topography: Level
- Zoning: Industrial-Light
Financial Considerations
- Tax Amount: $1,818.38
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: None
- Property ID: 130457000
- Block: 1
Listed by Danny Zavala | Laura Mounter Real Estate | (509) 665-9200
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Schools
Schools serving 328 SW Alder St
School District:Ephrata School District
| Name | Grades | Distance |
|---|---|---|
Columbia Ridge Elementary School 60 H Street Southeast, Ephrata, WA 98823 | PK-4 | 0.6 mi |
Grant Elementary School, Ephrata, WA 451 3rd Avenue Northwest, Ephrata, WA 98823 | K-4 | 0.6 mi |
Ephrata Middle School 384 A Street Southeast, Ephrata, WA 98823 | 7-8 | 0.2 mi |
Ephrata High School 333 4th Avenue Northwest, Ephrata, WA 98823 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 328 SW Alder St
Date
Details
Price
Change
Source
2/23/2026
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 328 SW Alder St
328 SW Alder Street, Ephrata, WA 98823 (MLS# 2483483) is a Industrial property. 328 SW Alder Street is currently listed for $295,000 and was received on February 23, 2026. Want to learn more about 328 SW Alder Street? Do you have questions about finding other Industrial real estate for sale in Ephrata? You can browse all Ephrata real estate or contact a Coldwell Banker agent to request more information.

