307 S Bringold Ave - Self-Storage Facilities FOR SALE


Lake, MI 48632
$215,000 USD
989-631-7000
307 S Bringold Ave, Lake, MI for Sale
$215,000 USD
Self-Storage Facilities - FOR SALE
1/17
null | Request Cap Rate

307 S Bringold Ave
Lake, MI 48632


HIGHLIGHTS

  • Established self-storage facility with an operating business in place.
  • Includes both the real estate and storage operation.
  • Features 30 drive-up storage units for convenient customer access.
  • Serves residents, seasonal homeowners, businesses, and recreational users.
  • Located in the Lake George area near popular outdoor recreation destinations.
  • Low-maintenance storage asset with a straightforward operating model.

OVERVIEW

307 S Bringold Avenue presents the opportunity to acquire Lake George Storage, an established self-storage facility serving the Lake George and Central Michigan market. The offering includes both the operating business and the underlying real estate, providing investors with an opportunity to assume an existing income-producing asset with a straightforward operational model. The facility consists of 30 drive-up storage units configured to accommodate a range of customer storage needs, supporting demand from year-round residents, seasonal property owners, outdoor recreation enthusiasts, and local businesses. Located within the Lake George community in Clare County, the property benefits from its position in a region known for its lakes, outdoor recreation, camping, fishing, and seasonal tourism activity. These market drivers contribute to recurring demand for personal, recreational, and business storage solutions throughout the year. The property's drive-up unit design promotes convenient customer access and efficient operations while minimizing ongoing management complexity. Investors may find additional value in the property's established presence within the local market and its ability to serve multiple customer segments. The combination of an existing operating business, accessible location, and diversified tenant demand drivers creates an opportunity for ownership of a commercial asset positioned within a recreational destination that attracts both permanent residents and seasonal visitors. The facility's operational simplicity and storage-focused use provide a practical investment opportunity within a property sector that has historically benefited from broad consumer and business demand.

FOR SALE DETAILS

PRICE

$215,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Lake George Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

Industrial

APN/PARCEL ID

010-008-301-18,010-008-301-19

ASK ABOUT THIS PROPERTY

Peter BaiardiAyre/Rhinehart Real Estate PartnersMore Info
989-631-7000

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

Peter BaiardiAyre/Rhinehart Real Estate PartnersMore Info
989-631-7000

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