312 Jones St - Industrial FOR SALE


Saginaw, MI 48604
$324,950 USD
850-974-5263
312 Jones St, Saginaw, MI for Sale
$324,950 USD
Industrial - FOR SALE
1/2
null | 4% Cap Rate

312 Jones St
Saginaw, MI 48604


OVERVIEW

Turnkey self-storage investment with expansion potential and verified upside. Hodge Podge Self Storage is a stabilized 4,200 sq ft drive-up facility located on 1.86 acres in Saginaw, MI. The property is 100 % occupied across 24 units + 1 office and operates under a low-overhead, unmanned management model with asphalt drives and easy access off Jones Street. A third-party feasibility study (Self Storage 101, 2025) validates significant unmet demand within the 3-mile trade area and supports an expansion of ˜ 20,000 sq ft (+ 123 units). Upon completion and 18-month lease-up, the facility is projected to achieve a stabilized value of ˜ $1.6 million at a 6.95 % cap rate. Development costs are estimated at $60–65 per sq ft, leaving substantial upside for a hands-on investor or operator. Offered at $325,000, this opportunity provides immediate cash flow and a clear, feasibility-backed path to 4-5× value growth. Zoned commercial, the site includes ample space for expansion and is surrounded by high-occupancy competitors with limited new supply planned. Direct inquiries only – no brokers please.

FOR SALE DETAILS

PRICE

$324,950 USD

PRICE/SF

$77 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

312 Jones Street

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.86

LAND SF

81,109

ZONING

B3/HGWY

APN/PARCEL ID

02135314004001

ASK ABOUT THIS PROPERTY

Nathan HodgeHodge Podge Storage Solutions, LLCMore Info
850-974-5263

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Nathan HodgeHodge Podge Storage Solutions, LLCMore Info
850-974-5263

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