3232 W Frank Pipp Dr Iron Mountain, MI 49801
Profitable self-storage facility with expansion potential near US Hwy 2.
Type:Self Storage
Property size:
33,600 SFLot size:
4.00 Acres- Added:
- Jan 17, 2024
- Days on Market:
- 821
- Last Refresh:
- Mar 17 at 1:25 pm
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 agent Ryan Gordon License #MI 6502420131
Listing office Stephens Real Estate
Listing date Jan 17, 2024
Source Crexi
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
Overview
Established Self-Storage Business For Sale
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Kodiak Storage
Storage Facility
Location Insight
- Map
- Local Demand
- City
- Iron Mountain
- County
- Dickinson
- State
- Michigan
- Longitude
- -88.0550187
- Latitude
- 45.8458642
Nearby Similar for Sale
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.
