Building Details

Year Built 2024

Listing Agency: Land, Rivers & Lakes LLC d***@davefelker.com Show Phone

Listed By: David E Felker · License #6502407880 Show Phone

Source: Exitrealty

Added: Dec 13, 2024 Changed: Aug 8 Last Checked: Apr 6 at 3:53AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Land, Rivers & Lakes LLC

Investment Insights

Based on property information with market context.

This property presents a long-term business opportunity with a total of 190 storage units across 34 buildings, including one recently completed. The storage buildings, located just south of Cheboygan, feature top-notch construction and site condo approval. The units are constructed with asphalt roofs, 5-inch concrete floors, roll-up garage doors, and separate entry doors. Water hook-ups are planned for installation in each unit in 2026. One finished building includes units 87, 88, 89, and 90, along with a common bathroom. The property is situated 5 miles south of downtown Cheboygan, in close proximity to Burt and Mullett.

Key Highlights

• 190 total storage units across 34 buildings presents a significant business opportunity.
• Site condo approved, offering flexible ownership options.
• Top‑notch, new construction (2024) ensures quality and minimal maintenance.**

Property Analytics

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick Garden Center Kitchen & Bath Showroom Catering Service Electrical Service Plumbing Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 49721, MI

14,058

Population

8,535

Households

1.6

Avg Household Size

50

Median Age

22%

College-Educated

89%

High-School Grad

266.7 sq mi

ZIP Area

53

Density / Sq Mi

$60,840

Median Household Income

$30,807

Median Earnings

$753

Median Rent

$170,000

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Self storage facility - Storage facility with 190 units near Burt & Mullett.

Where is this self storage facility located?

The property is located at 750 Indian Trail Rd Cheboygan, MI.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 190 total storage units across 34 buildings presents a significant business opportunity.; Site condo approved, offering flexible ownership options.; Top‑notch, new construction (2024) ensures quality and minimal maintenance.**