Railway Commons Storage
For Sale
$259,000
6357 N Railway Commons, Williamsburg, MI 49690
Spacious 2,500 sq ft storage condo in Acme Township.
Property Size2,500 SF
Price / SF$103.60
Days on Market306
Property Features for 6357 N Railway Commons
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Mixed Use
Building Details
Building Size
2,500 SF
Year Built
2025
Listing Agency:
Coldwell Banker Schmidt Traverse City
Listed By:
Karen Schmidt · License #6501234844
(231) 218-4463
Source:
Cbcworldwide
Added: Dec 3, 2025
Changed: Sep 10
Last Checked: Oct 5 at 3:05PM
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 Coldwell Banker Schmidt Traverse City
Investment Insights
Based on property information with market context.
This 2,500 sq ft unit is located in Railway Commons Business Park and offers space for business, personal, or recreational use. The unit measures 50' x 50' and features a 14' x 14' insulated overhead door with opener, two windows, and a service door. It is plumbed for a gas heater and includes cold water with a hose bib. The property is equipped with 200-amp electrical service and access to a shared bathroom with a sink, shower, and laundry tub. Located in Acme Township, it provides quick access to M-72 and US-31, making it suitable for storage or light commercial needs.
Key Highlights
- Spacious 2,500 sq ft storage condo (50' x 50').
- Features a 14' x 14' insulated overhead door with opener.
- 200‑amp electrical service.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,328
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,560
$426.6K
Cap Rate 7%
$304,686
$304.7K
Cap Rate 9%
$236,978
$237.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$37.5K $15.00/SF
− Vacancy
−$3.4K −$1.35/SF
EGI
$34.1K $13.65/SF
− OpEx
−$12.8K −$5.12/SF
NOI
$21.3K $8.53/SF
Area
Grand Traverse County, MI
Vacancy
9.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,560
Cap Rate 7%
$304,686
Cap Rate 9%
$236,978
Alternative Uses
Best Use
Mixed Use
$304.7K
$266.6K – $355.5K
NOI $21,328 @ 7.0% cap · market cap 8.23%
Second Best
Self Storage
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$543.1K
$475.2K – $633.6K
NOI $38,016 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 49690, MI
6,494
Population
3,476
Households
1.9
Avg Household Size
50
Median Age
45%
College-Educated
97%
High-School Grad
82.7 sq mi
ZIP Area
79
Density / Sq Mi
$105,701
Median Household Income
$47,114
Median Earnings
$1,279
Median Rent
$329,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Spacious 2,500 sq ft storage condo in Acme Township.
Where is this self storage facility located?
The property is located at 6357 N Railway Commons Williamsburg, MI.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Spacious 2,500 sq ft storage condo (50' x 50').; Features a **14' x 14' insulated overhead door with opener.**; 200‑amp electrical service.
