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Erica Welch

streetrockmgmt@gmail.com +1(313) 306-9035

$3,700,000

Est. payment - /mo

10 Baths

44,700 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 44,700 sqft

Price per Sqft $82

MLS Listing ID 71026049747

Year Built 2019

Lot Size 4.420 Acres

Acres 4.42

Property Sub-Type BusinessandRealEstate

Property Description

Excellent investment opportunity at South Holland Storage, located at 4298 Blue Star Hwy. This established storage facility is being offered as an entire parcel and includes five 8,100 sq. ft. storage buildings, all situated on a fenced and gated property. The facility has a strong 95% occupancy rate and generates gross income of $300,000+, with additional upside potential. The property also includes additional land currently improved with small cabins and a house with garage that brings in 45,000 of income. There is potential for renovation, redevelopment, or expansion. There is an opportunity to add more storage units and further increase income, subject to approvals. This is a rare chance to acquire an income-producing storage facility with room for growth in a convenient Blue Star Highway location. Buyer and buyer's agent to verify all financials, square footage, occupancy, permitted uses, zoning, redevelopment potential, association/operating expenses, and municipal approvals.

Location

State MI

County Allegan

Area Area86021Fillmoretwp

Interior

Heating Natural Gas, None

Fireplace No

Exterior

Parking Features Asphalt, Paved

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Metal

Building

Foundation None, Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Hamilton

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Tammy L Kerr of BHG Connections

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Erica Welch

+1(313) 306-9035

Assistant Property Manager License ID: 384385

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4298 58th (Blue Star Hwy) ST Fillmore Twp, MI 49423

Erica Welch

Key Details

Location

Interior

Exterior

Building

Schools

Others

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