Property summary
This exceptional investment opportunity presents a 42-unit storage facility ideally situated on a highly visible, high-traffic section of M-33 just north of Atlanta, Michigan. The facility boasts a substantial 9,200 square feet of rentable space, distributed across a diverse range of unit sizes to cater to various storage needs. This includes eighteen 5x10x10 units, eight 15x10x10 units, and sixteen 12x15x10 units. In addition to these individual units, a significant 40x100-foot oversized group storage area is available for larger items such as ORVs, heavy-duty equipment, boats, RVs, and cars. Currently operating at full occupancy, this established facility enjoys an excellent reputation within the community. The property sits on a spacious 10-acre lot, offering significant potential for future expansion. Opportunities exist to add more storage units or construct additional pole barns to further increase revenue streams and capitalize on the high demand for storage solutions in the area. The asking price for this turnkey operation is $320,000. Please note that a mobile home located on the property is not included in the sale and will be removed prior to closing. This is a rare chance to acquire a thriving, established business with substantial growth potential.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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