4500 Biddle Ave - Self-Storage Facilities FOR SALE


Wyandotte, MI 48192
$1,600,000 USD
313-525-1101
4500 Biddle Ave, Wyandotte, MI for Sale
$1,600,000 USD
Self-Storage Facilities - FOR SALE
1/12
null | Request Cap Rate

4500 Biddle Ave
Wyandotte, MI 48192


HIGHLIGHTS

  • Dense surrounding population with over 59,000 people living in a 3-mile radius and over 140,000 people living in a 5-mile radius
  • Self-operating / Low-touch management
  • Affluent trade area with average household incomes over $84k per year in a 3-mile radius
  • Significant Value Add Opportunity

OVERVIEW

Newly Built in 2023, this facility consists of 142 modern storage units and is currently operating with minimal oversight. With strong fundamentals already in place (currently at 70% occupancy), new ownership can unlock substantial value add through professional management, strategic advertising, and improved tenant engagement. Ideal for both seasoned operators and investors entering the self storage space.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

142 UNIT SELF STORAGE FACILITY (2023 BUILD)

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

LI

APN/PARCEL ID

57-023-14-0019-303

ASK ABOUT THIS PROPERTY

Yousef BeydounRE/MAX Team 2000More Info
313-525-1101

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Yousef BeydounRE/MAX Team 2000More Info
313-525-1101

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