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Self-Storage Facility with Expansion Potential
For Sale
$169,000

7341 Alba Highway, Elmira, MI 49730

A newly built storage operation is already generating rental income with room for a second building, subject to approvals.

Property Size3,000 SF
Price / SF$56.33
Days on Market117

Property Features for 7341 Alba Highway

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial
Zoning Commercial
Occupancy 50%

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Self-Storage Units 20
Property Use Self Storage

Building Details

Building Size 3,000 SF
Year Built 2025
Listing Agency: Paradise Properties USA
Listed By: Jamie Snook
Source: Housewant
Added: Jul 8 Changed: Oct 27 Last Checked: Oct 31 at 3:39AM

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 Paradise Properties USA

Rey
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Investment Insights

Based on property information with market context.

Built in 2025, this 3,000-square-foot self-storage facility contains 20 units and is approximately 50% occupied. The property is generating income, and the site may accommodate another storage building, subject to applicable approvals. The stated expansion plan could bring the facility to approximately 40 units total.

Key Highlights

  • 20‑unit self‑storage facility built in 2025
  • 3,000 square feet of existing storage space
  • Approximately 50% occupied and generating income

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store

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

Lease Details

50%
Occupancy

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 49730, MI

2,248
Population
1,376
Households
1.6
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
95.6 sq mi
ZIP Area
24
Density / Sq Mi
$82,740
Median Household Income
$40,508
Median Earnings
$877
Median Rent
$185,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Self storage facility - A newly built storage operation is already generating rental income with room for a second building, subject to approvals.
Where is this self storage facility located?
The property is located at 7341 Alba Highway Elmira, MI.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 20‑unit self‑storage facility built in 2025; 3,000 square feet of existing storage space; Approximately 50% occupied and generating income
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