5450 W Shelby Road new Save Request In-Person Tour Request Virtual Tour
Benona Twp,MI 49455
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $62
MLS Listing ID 67025046339
Year Built 2019
Annual Tax Amount $9,165
Lot Size 2.200 Acres
Acres 2.2
Lot Dimensions 287x330 m/l
Property Sub-Type Business And Real Estate
Source Mason Oceana Manistee Board of REALTORS®
Property Description
Great self-storage investment producing consistent monthly cash flow with minimal owner involvement. Conveniently located between US-31 and Stony/Silver Lakes, this property provides high visibility and easy access. It has experienced steady occupancy growth year after year and is ready for the next phase of expansion. Current ownership recommends constructing 1 more building and adding fencing to attract RV & boat storage. Built in 2019 & 2022, the buildings features industry-standard Trachte all-steel construction for durability and low maintenance. The property is already set up for easy remote management and all tenants are on monthly autopay. The seller is willing to train the new owner. Priced at an attractive 8% cap rate, with value-add opportunity, this is an investment that is hard to beat.
Location
State MI
County Oceana
Area Benona Twp
Direction From US31 and Shelby Rd, head west on Shelby Rd to North on 58th to access driveway running west to property.
Interior
Heating No Heat
Exterior
Roof Type Metal
Building
Foundation Slab
Structure Type Metal Siding,Steel
Schools
School District Shelby
Others
Tax ID 01101310016
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings