3417 Clare Ave Harrison, MI 48625

Property Details for 3417 Clare Ave

Lot size

0.69 lot acres

Property type

Commercial real estate

APN

007-017-200-07

APU

701720007

Description

This exceptional self-storage facility, located at 3417 N. Clare in Harrison, Michigan, presents a lucrative investment opportunity. Built in 2004, the property boasts 6,000 square feet on a 0.69-acre lot. The single-story building houses 52 individual storage units, currently priced at $7,692 per unit. The asking price for the entire facility is $400,000, representing a compelling price per square foot of $66.67 and a 9% capitalization rate. The property features a spacious front office area with convenient guest parking and secure electronic gate entry for added safety and convenience. Its prime location on a busy thoroughfare ensures high visibility and significant traffic flow, contributing to strong occupancy rates and rental income potential. The property's 2004 construction suggests a relatively newer building with potentially lower maintenance costs compared to older facilities. This turnkey operation is ideal for investors seeking a stable, cash-flowing asset in a growing market. The property's size and unit count offer significant scalability and potential for future expansion or revenue growth. This is a rare opportunity to acquire a well-established and profitable self-storage business in a desirable Michigan location. The property's zip code is 48625.