Established Self-Storage Business For
3232 W Frank Pipp Dr Iron Mountain, MI 49801
3232 W Frank Pipp Dr, Iron Mountain, MI, 49801
Contact for pricing
For Sale
Contact for pricing
Profitable self-storage facility with expansion potential near US Hwy 2.
Property Size33,600 SF
Lot Size4.00 Acres
Price / SF$53.57
Days on Market911
Property Features for 3232 W Frank Pipp Dr
General Information
- Standard status
- Active
- Size
- 33,600 SF
- Lot size
- 4.00 Acres
- Property subtype
- Self Storage
Building Details
- Year Built
- 1987
Listing Agency
Stephens Real Estate
(906) 774-8570
Listed by
Ryan Gordon · License #MI 6502420131
Source
Crexi
Added: Jan 17, 2024 Checked: Jul 16 at 11:13 am
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 Stephens Real Estate
Investment Insights
Based on property information with market context.
This self-storage business features two buildings encompassing a total of 156 units of varying sizes. The property is located just off US Hwy 2 on the edge of town. Situated on a 4-acre parcel, the site offers the potential to add another storage building. The business reports occupancy rates consistently between 94% and 100%. The total property size is 33,600 square feet, presenting a passive income opportunity.
Key Highlights
- High Occupancy Rates: Consistently between 94‑100% indicates a successful and in‑demand business.
- Passive Income Opportunity: Presents a chance for investors to generate income with minimal effort.
- Expansion Potential: The 4‑acre parcel includes room to add another storage building, allowing for increased revenue.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kodiak Storage
Storage Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Profitable self-storage facility with expansion potential near US Hwy 2.
Where is this self storage facility located?
The property is located at 3232 W Frank Pipp Dr Iron Mountain, MI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High Occupancy Rates: Consistently between 94‑100% indicates a successful and in‑demand business.; Passive Income Opportunity: Presents a chance for investors to generate income with minimal effort.; Expansion Potential: The 4‑acre parcel includes room to add another storage building, allowing for increased revenue.
