Listings

Milbank, SD

Whetstone Storage $400,000 78 Units

Whetstone Storage presents an extraordinary opportunity to acquire a stabilized self-storage facility in the heart of Milbank, South Dakota, at a fraction of today’s construction prices. Offered at a remarkable $29 per rentable square foot, significantly below replacement cost, this asset provides immediate foundational value to its next owner.

The property consists of 13,590 RSF across 78 units, offering a manageable scale that is ideal for both first-time buyers and experienced investors looking to expand their portfolio. This facility delivers steady in-place income from day one, paired with clear operational upside through rental rate optimization, targeted marketing, and ancillary income opportunities.

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