About 1139/1143 Old Highway 16
Exceptional self-storage investment opportunity now available. A fully operational, income-producing facility comprising 162 units across 6 buildings, situated on 2.02 acres spanning 2 parcels. This like-new, turnkey asset offers immediate cash flow with significant upside potential in a high-demand storage market. The property features a diverse unit mix across six well-maintained buildings, providing flexibility to serve both residential and commercial tenants. The two-parcel configuration offers strategic value. With 162 units, investors benefit from a broad tenant base that minimizes vacancy risk and smooths revenue fluctuations common to single-tenant commercial assets. Great for seasoned self-storage operators and first-time commercial investors alike, this facility presents a low-maintenance asset class with strong historical occupancy trends. All buildings have a standing seam roof system, no screws, with gutter guards on all buildings. Whether you're looking to expand an existing portfolio or establish a foothold in the self-storage sector, this one is a can't miss. Upper units are scheduled to be paved this year and is included in the price.
Features of 1139/1143 Old Highway 16
| MLS® # | 261913 |
|---|---|
| Price | $2,200,000 |
| Acres | 2.02 |
| Year Built | 2016 |
| Type | Commercial Sale |
| Sub-Type | Building/Land |
| Status | Active |
Community Information
| Address | 1139/1143 Old Highway 16 |
|---|---|
| Area | 16-Jefferson, West Jefferson |
| Subdivision | None |
| City | Jefferson |
| County | Ashe |
| Province | NC |
| Postal Code | 28640 |
Amenities
| Parking | Gravel |
|---|---|
| Garages | Gravel |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Other, Steel Frame, See Remarks |
|---|---|
| Exterior Features | Other, See Remarks |
| Roof | Metal |
| Construction | Other, Steel Frame, See Remarks |
School Information
| Elementary | Mountain View |
|---|---|
| High | Ashe County |
Additional Information
| Date Listed | June 12th, 2026 |
|---|---|
| Days on Market | 3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Blue Ridge Brokerage |
|---|---|
| Contact Info | (828) 265-2199 |