Your building has untapped income. We’ll put it to work.

We transform underutilized basements, garages, and commercial spaces into professionally managed, revenue-generating storage facilities. You own the asset and collect the revenue. We handle everything else.

Unfinished concrete basement before conversion
Finished blue storage units after conversion
BEFOREAFTER
Our partners:
The unlock

Turn Underutilized Space Into Recurring Revenue.

From empty garages to vacant commercial spaces, Local Locker transforms overlooked square footage into income-producing storage facilities.

Underused concrete space before conversionBEFORE · IDLE SPACE

Basement, garage, or ground-floor space nobody wants.

Underused square footage, no revenue, and another thing for your team to manage.

Finished storage conversion after buildoutAFTER · EARNING ASSET

Professionally run storage your building can rely on.

+$102k / year

Illustrative revenue example from a converted space.

PROVEN EXPERIENCE
8 Years

In Business

60+ Spaces

Converted Into Storage Facilities

5–6 weeks

Average Buildout Timeline

How it works

You provide the space.
We do the work.

Our proven process turns a difficult-to-lease area into a new revenue stream with minimal lift from your team.

01

We Evaluate the Space

Share your property details, and we'll assess the layout, feasibility, and revenue potential.

02

We Manage the Buildout

You fund the buildout. We handle the design, planning, and construction coordination.

03

We Launch & Operate

We manage marketing, rentals, customer support, payments, and day-to-day operations.

04

You Earn Recurring Revenue

Collect monthly income from your storage business while we handle the operations.

Find Out What Your Space Could Earn.

Tell us about your property, and we'll evaluate its storage potential. No commitment, no cost.

Talk to our team →
Where we fit

What Types of Spaces Work?

From underutilized garages to vacant commercial spaces, we evaluate a wide range of properties for storage conversion.

Underused parking garage with parked vehicles

Parking & garages

Idle parking, service levels, and garage corners with a separate access path.

Vacant ground-floor commercial space with storefront windows

Retail & commercial

Vacant storefronts, lower levels, and hard-to-lease ground-floor space.

Underused multifamily basement space before conversion

Multifamily

Basements, service areas, and common spaces that can serve residents and neighbors.

Vacant office interior with open floor space

Office & mixed-use

Irregular floorplates and overlooked interior areas with a path to independent access.

TYPICAL SPACE REQUIREMENTS
800–2,000+ SF

8 ft ceilings · Solid floor · Electricity nearby · Accessible entry

Get a free property evaluation →
Case study

See it in action.

How we turned idle parking into a self-funding storage business.

Austin Nichols House

184 Kent Ave, Williamsburg, NY

338-unit luxury building
The results
~$25KTotal buildout investment
9 moTo fully recover buildout cost
50%Occupied within 6 months of opening

About half the units leased to building residents, with the rest opened to the surrounding neighborhood. Monthly gross revenue has climbed steadily, from $6,750 in January 2023 to $8,500 today.

The situation

The building had excess parking spaces going unrented alongside strong demand for storage from residents. Ownership saw an opportunity to turn idle space into something productive.

What we did

We converted approximately 1,200 SF of underutilized garage space into 50 storage units with a dedicated street-level entrance. Local Locker handles the layout, launch, tenant acquisition, and ongoing operations.

Finished Local Locker storage facility inside the converted garage
Storage business live
START WITH A FREE PROPERTY EVALUATION

Discover Your Property's Untapped Revenue Potential.

Tell us about your available space, and we'll evaluate its suitability for storage conversion and estimate its income potential.

No cost. No commitment.

Common questions

No fine print. Just answers.

What types of spaces are suitable for storage conversion?

We work with underutilized basements, parking garages, vacant retail spaces, and other commercial areas. Ideally, spaces are at least 800–2,000 square feet, with 8-foot ceilings, a solid floor, electricity nearby, and accessible entry. We can also accommodate smaller, larger, or irregularly shaped spaces.

How much does it cost to convert my space?

Buildout costs depend on the size, layout, and condition of your space. Property owners fund the initial investment, while Local Locker handles the design, planning, and construction coordination. We'll evaluate your property and provide a preliminary estimate before you make any commitments.

How much revenue can my property generate?

Revenue potential depends on your property's location, available square footage, and local storage demand. For example, our Austin Nichols House location in Brooklyn generates approximately $8,500 in monthly gross revenue from 1,200 square feet of converted garage space. We'll assess your property and provide an estimate of its income potential.

How does the revenue-sharing model work?

You retain ownership of the storage facility and receive the rental income after operating expenses and Local Locker's management fee. We handle tenant payments, collections, and financial reporting, providing you with monthly distributions and performance updates.

How long does it take to convert a space into storage?

A typical buildout takes approximately 5–6 weeks from signing to opening, excluding any additional time required for permits. Timelines vary based on the property's condition, layout, and construction requirements.

Find Out What Your Space Could Earn.

Tell us about your property, and we'll evaluate its storage potential. No commitment, no cost.

Talk to our team →