Upscale South Haven Storage
71057 CR 388 South Haven, MI 49090
71057 CR 388, South Haven, MI, 49090
$275,000
For Sale
$275,000
COMMERCIAL - South Haven, MI
Property Size1,750 SF
Price / SF$157.14
Days on Market309
Property Features for 71057 CR 388
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 801718902500
- Size
- 1,750 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Unit 25 Phoenix Business Complex Condominiums together with rights in the common elements as described in the master
- Tax Annual Amount
- 1351
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 2008
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Composition
Listing Agency
Jaqua REALTORS
(269) 637-6537
513 Broadway Street, Portage, MI
Listed by
Amy O'Sullivan · License #6506040161
(269) 214-1257
Added: Sep 12, 2025 Checked: Jul 17 at 1:06 am
MLS# 25046933
Copyright © 2026 Michigan Regional Information Center, LLC. 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 upscale storage unit in South Haven offers ample storage space suitable for multiple cars, boats, or a motorhome. Unit 25 includes a custom kitchen with quartz counters, a full bathroom with a tile shower, and a large closet. A lofted lounge area provides a space for relaxation. The unit is constructed with 2x6 frame construction, R-22 insulated walls, R-44 insulated ceilings, and 5/8'' drywall. It also features a 60,000 BTU natural gas furnace. Access is facilitated by a 36'' entry door and a 14'x14' insulated automatic overhead door. Additional conveniences include a utility sink, hot and cold running water, a floor drain, and a 40-gallon water heater. The property size is 1750 square feet. The landscaped grounds are maintained with underground sprinkling. The property is located close to downtown South Haven.
Key Highlights
- Upscale storage unit designed for luxury and functionality, suitable for multiple cars, boats, or a motorhome.
- Custom kitchen with QUARTZ COUNTERS and a full bathroom with TILE SHOWER.
- LOFTED LOUNGE AREA, perfect for relaxation.
Local Financial Insights For Self Storage
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 | $26.3k | $15.00 |
| − Vacancy | −$1.8k | −$1.05 |
| EGI | $24.4k | $13.95 |
| − OpEx | −$7.3k | −$4.19 |
| NOI | $17.1k | $9.76 |
1,750 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$244.1K
$213.6K – $284.8K
NOI $17,089 @ 7.0% cap · market cap 6.21%
Second Best
Industrial
$129.1K
$113.0K – $150.7K
NOI $9,039 @ 7.0% cap · market cap 3.29%
Theoretical Best
Multifamily LT 5
$21.64M
$18.93M – $25.24M
NOI $1,514,692 @ 7.0% cap · market cap 550.80%
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 - Luxury storage unit with custom kitchen and full bathroom.
Where is this self storage facility located?
The property is located at 71057 CR 388 South Haven, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Upscale storage unit designed for luxury and functionality, suitable for multiple cars, boats, or a motorhome.; Custom kitchen with QUARTZ COUNTERS and a full bathroom with TILE SHOWER.; LOFTED LOUNGE AREA, perfect for relaxation.
