Insulated Overhead Door Storage
11724 - 11730 N Star Drive Charlevoix, MI 49720
11724 - 11730 N Star Drive, Charlevoix, MI, 49720
$170,000
For Sale
$170,000
COMMERCIAL - Charlevoix, MI
Property Size1,800 SF
Price / SF$94.44
Days on Market37
Property Features for 11724 - 11730 N Star Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMM
- Standard status
- Active
- APN
- 007-465-019-00
- Size
- 1,800 SF
Taxes and HOA fees
- Tax Description
- UNIT 19/20 NORTH STAR STORAGE CONDO RECD L1179 P950 - 986 L1314 P983 FIRST AMEND TO MASTER DEED 3.3%
Building Details
- Building materials
- Wood Frame
- Roof type
- Metal
Listing Agency
Berkshire Hathaway HomeServices Real Estate
(231) 547-9905
203 Bridge St., Charlevoix, MI
Listed by
Loren Musilek · License #6506039269
(231) 547-6768
Added: Jun 11 Checked: Jul 17 at 10:06 am
MLS# 477649
Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storage unit is built for oversized storage needs, featuring a 14' x 14' insulated overhead door for convenient drive-in access. Interior clear height is supported by 14-foot ceilings with scissor trusses, helping maximize usable headroom. The space includes energy-efficient LED ceiling lighting, ample wall outlets, and a 200-amp electrical panel. Both the insulated entry door and the overhead garage door are designed to add security and protection.
The property is located at 11724–11730 N Star Drive in Charlevoix, with prime proximity to Charlevoix. At approximately 1,800 square feet, it offers a purpose-built configuration for storage operators or users who need vehicle-friendly access and reliable power and lighting within the unit.
For tenants or owners seeking a secure, functional storage setup, the insulated doors, generous ceiling height, and drive-in overhead entry are practical for storing larger items such as boats, RVs, and trailers. The combination of LED lighting, wall outlets, and a substantial electrical panel supports day-to-day use beyond basic storage, while maintaining an emphasis on protection through insulated, enclosed access.
The property is located at 11724–11730 N Star Drive in Charlevoix, with prime proximity to Charlevoix. At approximately 1,800 square feet, it offers a purpose-built configuration for storage operators or users who need vehicle-friendly access and reliable power and lighting within the unit.
For tenants or owners seeking a secure, functional storage setup, the insulated doors, generous ceiling height, and drive-in overhead entry are practical for storing larger items such as boats, RVs, and trailers. The combination of LED lighting, wall outlets, and a substantial electrical panel supports day-to-day use beyond basic storage, while maintaining an emphasis on protection through insulated, enclosed access.
Key Highlights
- Storage unit built with wood frame construction and a metal roof
- 14' x 14' insulated overhead door for large boats, RVs, and trailers
- 14‑foot ceilings with scissor trusses for generous headroom and access
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.9k | $9.96 |
| − Vacancy | −$1.8k | −$1.00 |
| EGI | $16.1k | $8.96 |
| − OpEx | −$2.4k | −$1.34 |
| NOI | $13.7k | $7.62 |
1,800 SF · lease $9.96/SF/yr · vacancy 10.00% · expense 15.00%
Alternative Uses
Best Use
Self Storage
$248.4K
$217.4K – $289.8K
NOI $17,388 @ 7.0% cap · market cap 10.23%
Second Best
Warehouse
$195.9K
$171.4K – $228.6K
NOI $13,715 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$364.4K
$318.8K – $425.1K
NOI $25,505 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Heated and powered storage with a 14' x 14' insulated overhead door and 14' ceilings for larger vehicles.
Where is this self storage facility located?
The property is located at 11724 - 11730 N Star Drive Charlevoix, MI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Storage unit built with wood frame construction and a metal roof; 14' x 14' insulated overhead door for large boats, RVs, and trailers; 14‑foot ceilings with scissor trusses for generous headroom and access
