As a self-storage facility owner, your most valuable asset is space. Butare you truly maximizing every square foot? Many facilities have idleareas—unused corners, vacant driveways, or underperforming units—that could betransformed into profit-generating opportunities.
In today’s competitive market, getting creative with space isn’t just agood idea—it’s a smart business move. Here are some proven, high-impact ideasto help you unlock new streams of revenue from your underutilized areas.
1. Truck and Trailer Rentals: DriveTraffic and Revenue
Partnering with a rental service like U-Haul, Budget, or Penske allowsyou to offer moving truck rentals on-site. This adds convenience for tenantsand attracts new customers who may not have otherwise visited your facility.
Benefits:
Tip: Use your front lot or low-demand parking areas to station rentalvehicles.
2. Vending Machines: Small Footprint,Steady Income
That empty hallway or breezeway could be a goldmine. Vending machinesstocked with drinks, snacks, or moving supplies like boxes, tape, and locksprovide passive income with minimal oversight.
Types of vending ideas:
Pro Tip: Choose high-traffic areas like office entrances or near elevators forbetter visibility and usage.
3. Solar Panel Leasing: Turn Your RoofInto Revenue
If your facility has a flat or low-slope roof, solar energy leasing cantransform dead space into a powerful profit center. You can lease your roof toa solar provider or install panels yourself and sell the power back to thegrid.
Advantages:
Consider: Partnering with solar companies that specialize in commercial leasingprograms with no upfront cost.
4. Pop-Up Retail or Seasonal VendorSpace
Unused corners of your lot, empty driveways, or indoor flex space canbecome home to seasonal vendors, food trucks, farmers’ markets, or weekendpop-ups.
Examples:
Win-Win: You get lease revenue, and the vendor gains access to your customer baseand visibility.
5. Co-Working or Business StorageHybrids
If you have a climate-controlled area or surplus office space, consideroffering small business solutions. Entrepreneurs, contractors, or Etsy sellersoften need light workspace with nearby storage.
Ideas include:
Bonus: This can justify premium pricing and longer tenant stays.
6. Digital Billboard or SignageRentals
Got a sign visible from a busy road or freeway? Advertisers lovevisibility—and you’re sitting on prime real estate. You can rent space on adigital or static billboard to local businesses.
Revenue potential: Thousands annually for minimal square footage usage.
Compliance Note: Always check with local zoning laws before installation.
Final Thoughts: Think Like a Developer
Idle space is untapped opportunity. Whether you repurpose it for vending,vehicles, energy, or entrepreneurship, every inch of your property can serve apurpose beyond storage.
Start by evaluating:
With the right partnerships and a bit of creativity, your facility canevolve from just a storage provider into a diversified service hub—deliveringmore value to tenants and more revenue to your bottom line.