
A steel building of this size (40 foot x 60 foot = 2,400 square feet) is a good choice for warehousing, storage, shop and barn use. How you use your building, as well as the location and any accessories necessary will have an effect on the overall cost. The basic style of your steel building will also determine the price.
For a “ball park” estimate, consider each of these factors separately. First choose a style – Straight wall or Quonset style. Both are pre-engineered, strong and easy to assemble.
Materials for a 40’ x 60’ (2400 square foot) straight wall steel building cost from $9 per square foot or $21,600. Add in a charge for delivery of about 8% ($1,728). Consider the accessories necessary for your application and include 20% of the materials cost to your estimate ($21,600 x 20% = $4,320). These three factors together will cost $27,648. Now you have the building at your site and ready to install.
What’s left to consider? If you are not building on an existing foundation, you will need to pour or build that – increasing your overall cost between $4 and $8 more per square foot ($9,600 to $19,200). Plan your foundation with a flooring plan built in (a floating concrete pad is a good example). You will also need to account for labor costs to build the structure. Installing it using the manufacturer’s directions may be simple, but be sure to have plenty of help for a building of this size.
If you choose a Quonset hut style steel building, your materials, accessories and delivery cost will decrease. A 2,400 square foot Quonset hut will run you about $7.50 per square foot ($18,000) for materials, $1,440 for delivery and an additional 20% ($3,600) for accessories. The on-site, materials cost of a Quonset steel building is $23,040 – a savings of over $4,600 over the straight wall system.
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Construction Method |
Approximate Costs |
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Building Material Cost |
Foundation Cost |
Labor |
Total Cost |
Estimate Cost per Square Foot (SF) |
SAVING (over traditional build) |
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Stud /Post Frame Building |
$48,800 |
$10,800 |
$45,200 |
$104,800 |
$43.66 /SF |
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Straight Wall Steel Building |
$27,600 |
$10,800 |
$19,200 |
$57,600 |
$24.00 /SF |
45% |
|
Quonset Hut Steel Building |
$23,000 |
$10,800 |
$19,200 |
$53,000 |
$22.08 /SF |
49% |
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