Property summary
This exceptional investment opportunity presents a thriving self-storage business located at 800 Mohawk, Tecumseh, MI. The property boasts a substantial 12,312 square feet on a 2.38-acre lot, offering ample space for storage units and future expansion. Currently, 99 indoor units and 16 outdoor spaces are occupied, generating consistent rental income. Security features include a fenced perimeter with a functioning timed gate operating seven days a week, and a comprehensive security camera system. The property also benefits from a dedicated landline with a published phone number. The main building includes a 20' x 30' office space, featuring a foyer, bathroom, two private offices, and two connecting doors leading to a 48' x 64' warehouse addition. The office area is equipped with Anderson windows, gas forced-air heating and air conditioning, city water and sewer, and fluorescent lighting. The warehouse section, constructed with metal siding and roofing, offers a concrete floor, two exterior doors, and two 14' high x 12' wide overhead doors. Radiant heating is installed in the warehouse. Built in 1999, this well-maintained property presents a turnkey operation with significant potential for growth. Serious inquiries only
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 98-80. - I-C-Industrial-commercial district. Intent The I-C Industrial-Commercial Districts are designed to primarily accommodate wholesale activities, warehouses, industrial operations, and commercial uses that hav…
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
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-C · Tecumseh, MISec. 98-80. - I-C-Industrial-commercial district. Intent The I-C Industrial-Commercial Districts are designed to primarily accommodate wholesale activities, warehouses, industrial operations, and commercial uses that hav…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 98-80. - I-C-Industrial-commercial district. Intent The I-C Industrial-Commercial Districts are designed to primarily accommodate wholesale activities, warehouses, industrial operations, and commercial uses that hav…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-C in Tecumseh, MI.
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