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Cheboygan Storage Facility Business Opportunity

750 Indian Trail Rd, Cheboygan, MI 49721

For Sale
$695,000

Storage facility with 190 units near Burt & Mullett.

Property SizeContact for details
Lot Size27.00 Acres
Days on Market698

Property Features for 750 Indian Trail Rd

General Information

Standard status Active
Lot size 27.00 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 2024
Listing Agency: Land, Rivers & Lakes LLC
Listed By: David E Felker · License MI #6502407880
Source: Exitrealty
Added: Dec 13, 2024 Changed: Aug 8 Last Checked: Apr 6 at 3:53AM

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

Rey
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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

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

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

12
Businesses Nearby

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
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 - 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.**
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