Stardust Storage Self Storage Facility at 305 West Robert Weist Avenue

Grandstone is pleased to present Stardust Storage, a self-storage facility in Cloverdale, Indiana, offering a unique investment opportunity. Situated on five fully fenced acres with paved roads, the property features 258 storage units and parking spaces, totaling 39,410 net rentable square feet. Built in three phases (last phase 2020) using Trachte Building Systems, the facility includes modern amenities such as wireless access-controlled gates, drive-up and climate-controlled units, and 24/7 tenant access. The site also offers excellent frontage along Robert Weist Avenue, providing strong visibility and accessibility. In addition to the core storage income, three vacant structures—a woodshop, auto shop garage, and office/storage building—offer meaningful upside potential through additional rental income or redevelopment. Strategically located near the intersection of I-70 and U.S. Route 231, Stardust Storage benefits from regional traffic exposure and steady local demand. Cloverdale and Putnam County’s economy is driven by key industries such as manufacturing, education, and distribution, with major employers like Crown Equipment, Wal-Mart Distribution Center, and POET Biorefining. The area also benefits from a $75,000 average household income within a 5-mile radius, supporting stable consumer demand for services like self-storage. With its high-quality construction, modern infrastructure, and value-add potential, Stardust Storage presents a compelling opportunity for both immediate cash flow and long-term growth.