0 Churchill Rd - Self-Storage Facilities FOR SALE


Leslie, MI 49251
$275,000 USD
517-206-3332
0 Churchill Rd, Leslie, MI for Sale
$275,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | Request Cap Rate

0 Churchill Rd
Leslie, MI 49251


OVERVIEW

Prime commercial opportunity located in Leslie with excellent US-127 highway frontage and visibility. This property spans 3.69 acres and offers a total of 60 storage units with concrete floors and no electricity. Unit mix includes eighteen (18) 10x20 units renting at $50 per month, twelve (12) 10x7 units renting at $25 per month, and two (2) 20x20 units renting at $100 per month. Occupancy is approximately 90% of the 10x20 units rented and 30% of the 10x7 units rented. Additional features include a 28x40 pole barn with two slider doors and a small office space, currently used by the seller and not rented, allowing for potential additional income. The property also generates $2,500 annually from a leased billboard sign located on site. With highway exposure, multiple income streams, and room for operational growth, this investment is a strong addition to any portfolio. Current storage income $16,800.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

3.69 AC

LAND SF

160,736 SF

ZONING

Industrial

APN/PARCEL ID

17-14-20-400-020

ASK ABOUT THIS PROPERTY

Susie MohlmanSproat Realty ProfessionalsMore Info
517-206-3332

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Susie MohlmanSproat Realty ProfessionalsMore Info
517-206-3332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.