1120 N US Highway 31 - Self-Storage Facilities FOR SALE
Pellston, MI 49769 |
$1,750,000 USD
231-835-1555
1120 N US Highway 31
Pellston, MI 49769
HIGHLIGHTS
- Existing 110-unit self-storage facility with multiple income streams in place.
- Approved expansion plan allows for 440 additional units across seven future development pads.
- Located along US-31 with approximately 400 feet of highway frontage.
- Positioned directly across from Pellston Regional Airport for strong visibility and access.
- Includes an operating U-Haul pickup and drop-off location that supports customer traffic.
- Portfolio includes two residential rentals and a leased commercial pole building generating additional income.
FOR SALE DETAILS
PRICE
$1,750,000 USD
PRICE/SF
$100 USD /SF
CAP RATE
7.8%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pellston US-31 Self-Storage
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
5 AC
LAND SF
217,800 SF
ZONING
EC I
APN/PARCEL ID
300-011,300-026,300-029
ASK ABOUT THIS PROPERTY
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231-835-1555
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231-835-1555
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